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Book Cover
Author Schimmelpfennig, Axel, author

Title Fiscal Policy and Economic Activity During Recessions in Advanced Economies
Published Washington : International Monetary Fund, May 2002
Online access available from:
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Description 1 online resource (68 pages)
Summary Annotation Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. the results are informative about the fiscal response to recessions but provide only a partial explanation of the impact of fiscal policy on economic activity. Overall, it would appear that fiscal multipliers are very small
Form Electronic book
Author Hemming, Richard, author
Mahfouz, Selma, author
ISBN 1451897030 (E-Book)