The Impact of r-g on the Euro-Area Government Spending Multiplier /

The Impact of r-g on the Euro-Area Government Spending Multiplier /

We compute government spending multipliers for the Euro Area (EA) contingent on the interestgrowth differential, the so-called r-g. Whether the fiscal shock occurs when r-g is positive or negative matters for the size of the multiplier. Median estimates vary conditional on the specification, but the...

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Dades bibliogràfiques
Autor principal:	di Serio, Mario
Altres autors:	Fragetta, Matteo, Melina, Giovanni
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2021.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2021/039
Accés en línia:	Full text available on IMF

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