Fiscal Multipliers : Size, Determinants, and Use in Macroeconomic Projections /

Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fisca...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Batini, Nicoletta
Kolejni autorzy: Eyraud, Luc, Forni, Lorenzo, Weber, Anke
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2014.
Seria:Technical Notes and Manuals; Technical Notes and Manuals ; No. 2014/004
Dostęp online:Full text available on IMF
Opis
Streszczenie:Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fiscal multipliers. It reviews the literature related to their size, persistence and determinants. For countries where no reliable estimate is available, the note proposes a simple method to come up with reasonable values. Finally, the note presents options to incorporate multipliers in macroeconomic forecasts.
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Opis fizyczny:1 online resource (33 pages)
Format:Mode of access: Internet
ISSN:2075-8669
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students