01790cas a2200241 a 4500 AALejournalIMF016170 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513526836 1018-5941 BD-DhAAL BD-DhAAL Restrepo, Jorge. How Big are Fiscal Multipliers in Latin America? / Jorge Restrepo. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (23 pages) IMF Working Papers <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 paper uses the strategy and data of Blanchard and Perotti (BP) to identify fiscal shocks and estimate fiscal multipliers for the United States. With these results, it computes the cumulative multiplier of Ramey and Zubairy (2018), now common in the literature. It finds that, contrary to the peak and through multipliers reported by BP, the cumulative tax multiplier is much larger than the cumulative spending one. Hence, the conclusions depend on the definition of multiplier. This methodology is also used to estimate the effects of fiscal shocks on economic activity in eight Latin American countries. The results suggest that the fiscal multipliers vary significantly across countries, and in some cases multipliers are larger than previously estimated. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2020/017 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/017/001.2020.issue-017-en.xml IMF e-Library