What determines government spending multipliers? / prepared by Giancarlo Corsetti, Andre Meier, and Gernot J. Müller.

What determines government spending multipliers? / prepared by Giancarlo Corsetti, Andre Meier, and Gernot J. Müller.

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate regime, pu...

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Main Authors: Corsetti, Giancarlo (Author), Meier, Andre (Author), Müller, Gernot, 1943- (Author)
Corporate Contributor: International Monetary Fund. Monetary and Capital Markets Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/150.
Subjects:
Expenditures, Public.
Multiplier (Economics)
Financial crises > OECD countries.
Finance, Public > OECD countries.
Foreign exchange > OECD countries.
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