Credit and Fiscal Multipliers in China /
We jointly estimate credit and fiscal multipliers in China. We use the tenure of the provincial party secretary, interacted with the type of stimulus used in other provinces, to obtain separate instruments for provincial credit and government expenditure. We estimate a fiscal multiplier of 0.8 and a...
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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2017/273 |
| On-line přístup: | Full text available on IMF |