01700cas a2200241 a 4500 AALejournalIMF015612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513593432 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Mexico : Selected Issues. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (84 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes fiscal multipliers in Mexico. Estimates of fiscal multipliers--obtained from state-level spending--fall within 0.6-0.7 after accounting for dynamic effects. However, the size of multipliers varies with the output gap. The planned fiscal consolidation-under the estimated multipliers-is projected to subtract on average 0.5 percentage points from growth over 2015-20. However, there are offsetting effects. The positive growth impulse of lower costs on manufactured goods production is estimated to reach 0.5 percentage point in 2015 and 2016, largely offsetting the impact of fiscal consolidation on growth in the near term. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/314 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/314/002.2015.issue-314-en.xml IMF e-Library