Fiscal multipliers : size, determinants, and use in macroeconomic projections /

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Bibliographic Details
Author / Creator:	Batini, Nicoletta, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., [2014]
Description:	1 online resource (33 pages) : color illustrations.
Language:	English
Series:	Technical notes and manuals ; 14/04 Technical notes and manuals ; 14/04.
Subject:	Government spending policy. Expenditures, Public. Fiscal policy. Multiplier (Economics) Economic forecasting. Economic forecasting. Expenditures, Public. Fiscal policy. Government spending policy. Multiplier (Economics)
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12504162

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Fiscal Affairs Department.
ISBN:	9781498322270 1498322271 9781498322430 1498322433 9781498382458 1616356987 9781616356989
Notes:	"September 2014." "Fiscal Affairs Department." Includes bibliographical references (pages 26-30). Description based ononline resource; title from pdf title page (IMF Web site, viewed November 24, 2014).
Summary:	Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fiscal multipliers. It reviews the literature related to their size, persistence and determinants. For countries where no reliable estimate is available, the note proposes a simple method to come up with reasonable values. Finally, the note presents options to incorporate multipliers in macroeconomic forecasts.
Other form:	1498382452 1498322271
Publisher's no.:	MWT11385350

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