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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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Authors:	Corsetti, Giancarlo (Author), Meier, Andre (Author), Müller, Gernot, 1943- (Author)
Format:	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. Finance, Public. Financial crises. Foreign exchange. OECD countries.