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Author Mahfouz, Selma.

Title The Effectiveness of Fiscal Policy in Stimulating Economic Activity : a Review of the Literature / Mahfouz, Selma
Published Washington, D.C. : International Monetary Fund, 2002
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Description 1 online resource (52 pages)
Series IMF Working Papers, 2227-8885 ; Working Paper No. 02/208
IMF Working Papers ; Working Paper no. 02/208
Summary This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers
Notes Available in PDF, ePUB, and Mobi formats on the Internet
Form Electronic book
Author Hemming, Richard.
Kell, Michael.
Mahfouz, Selma.
International Monetary Fund.
ISBN 1451919298