01636cas a2200253 a 4500 AALejournalIMF016733 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484307892 1018-5941 BD-DhAAL BD-DhAAL Matheson, Troy. Fiscal Multipliers for Brazil / Troy Matheson, Joana Pereira. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (16 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 We find historical fiscal multipliers for Brazil around 0.5, larger than what existing literature typically identifies for the average emerging market. However, spending and public credit multipliers seem to have dropped to near zero since the global financial crisis, as the estimate for the whole sample period (1999-2014) is about 1\2 of that for precrisis years. By contrast, revenue multipliers have remained broadly stable. We conclude that fiscal consolidations based on expenditure and public credit retrenchment are likely to entail a modest drag on growth in the near term. Mode of access: Internet Pereira, Joana. IMF Working Papers; Working Paper ; No. 2016/079 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/079/001.2016.issue-079-en.xml IMF e-Library