Hidden Bibliographic Details
Other authors / contributors: | Araújo, Juliana Dutra, (IMF staff)
Chamon, Marcos, (IMF staff)
Chow, Julian T. S., (IMF staff)
Klemm, Alexander, (IMF staff)
Herman, Alexander (Alexander Noah), (IMF staff)
Valencia, Fabian, (IMF staff)
International Monetary Fund.
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ISBN: | 1513531050 9781513531052 1513593439 9781513593432 9781513593432
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Notes: | "November 2015." "October 23, 2015"--Page 2 of pdf. "Prepared By Juliana D. Araujo, Marcos Chamon, Julian Chow, Alexander Klemm, Alexander Herman, and Fabian Valencia"--Page 2 of pdf. Includes bibliographical references. Online resource; title from pdf title page (IMF Web site, viewed November 17, 2015).
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Summary: | This Selected Issues paper analyzes fiscal multipliers in Mexico. Estimates of fiscal multipliers--obtained from state-level spending--fall within 0.6-0.7 after accounting for dynamic effects. However, the size of multipliers varies with the output gap. The planned fiscal consolidation-under the estimated multipliers-is projected to subtract on average 0.5 percentage points from growth over 2015-20. However, there are offsetting effects. The positive growth impulse of lower costs on manufactured goods production is estimated to reach 0.5 percentage point in 2015 and 2016, largely offsetting the impact of fiscal consolidation on growth in the near term.
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Other form: | Print version: International Monetary Fund. Mexico : selected issues. Washington, District of Columbia : International Monetary Fund, ©2015 83 pages IMF country report ; Number 15/314 9781513593432
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Standard no.: | 10.5089/9781513593432.002
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