Do fiscal spillovers matter? /

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Bibliographic Details
Author / Creator:Ivanova, Anna, 1968- author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2011.
Description:1 online resource (44 pages) : illustrations
Language:English
Series:IMF working paper ; WP/11/211
IMF working paper ; WP/11/211.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499427
Hidden Bibliographic Details
Other authors / contributors:Weber, Sebastian, 1981- author.
International Monetary Fund. European Department, issuing body.
ISBN:1283553252
9781283553254
9781463953287
1463953283
9781463976903
1463976909
Notes:At head of title: European Department.
Title from PDF title page (IMF Web site, viewed September 20, 2011).
"September 2011."
Includes bibliographical references.
Summary:The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in 2011-2012 unless fiscal multipliers and/or imports elasticities are very large. Small and open European economies, however, will be substantially affected in any case. In contrast, the coordinated exit from fiscal stimulus will have limited direct effect on European peripheral countries since they are relatively closed, with the notable exception of Ireland.
Other form:Print version: Weber, Sebastian. Do Fiscal Spillovers Matter? Washington : International Monetary Fund, ©2011 9781463902315
Standard no.:10.5089/9781463976903.001