Hidden Bibliographic Details
Other authors / contributors: | Weber, Sebastian, 1981- author.
International Monetary Fund. European Department, issuing body.
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ISBN: | 1283553252 9781283553254 9781463953287 1463953283 9781463976903 1463976909
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Notes: | At head of title: European Department. Title from PDF title page (IMF Web site, viewed September 20, 2011). "September 2011." Includes bibliographical references.
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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.
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Other form: | Print version: Weber, Sebastian. Do Fiscal Spillovers Matter? Washington : International Monetary Fund, ©2011 9781463902315
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Standard no.: | 10.5089/9781463976903.001
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