Verfügbarkeit: Fiscal Multipliers and the State of the Economy

Fiscal Multipliers and the State of the Economy:

Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (excluding Italy). Our results show that fiscal multipliers differ across countries, ca...

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1. Verfasser:	Baum, Anja 1985- (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2012
Schriftenreihe:	IMF Working Papers Working Paper No. 12/286
Schlagworte:	BUSINESS & ECONOMICS / Industries / General Fiscal policy Multiplier (Economics) Multiplier (Economics) > Fiscal policy > Developed countries
Online-Zugang:	BSB01 FAN01 FHA01 FKE01 FLA01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext
Zusammenfassung:	Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (excluding Italy). Our results show that fiscal multipliers differ across countries, calling for a tailored use of fiscal policy. Moreover, the position in the business cycle affects the impact of fiscal policy on output: on average, government spending, and revenue multipliers tend to be larger in downturns than in expansions. This asymmetry has implications for the choice between an upfront fiscal adjustment versus a more gradual approach
Beschreibung:	1 Online-Ressource (31 Seiten)
ISBN:	1475565828 9781475565829 9781589063891 1589063899 1475523920 9781475523928
ISSN:	1018-5941

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id	DE-604.BV048358282
illustrated	Not Illustrated
index_date	2024-07-03T20:14:04Z
indexdate	2024-07-10T09:35:51Z
institution	BVB
institution_GND	(DE-588)1013082-2
isbn	1475565828 9781475565829 9781589063891 1589063899 1475523920 9781475523928
issn	1018-5941
language	English
oai_aleph_id	oai:aleph.bib-bvb.de:BVB01-033737518
oclc_num	821064563 1337117607
open_access_boolean
owner	DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM
owner_facet	DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM
physical	1 Online-Ressource (31 Seiten)
psigel	ZDB-1-IMF ZDB-4-EBU ZDB-30-PAD ZDB-30-PBE ZDB-4-EBU FLA_PDA_EBU
publishDate	2012
publishDateSearch	2012
publishDateSort	2012
publisher	International Monetary Fund
record_format	marc
series2	IMF Working Papers
spelling	Baum, Anja 1985- Verfasser aut Fiscal Multipliers and the State of the Economy prepared by Anja Baum, Marcos Poplawski-Ribeiro, and Anke Weber Washington, D.C International Monetary Fund 2012 1 Online-Ressource (31 Seiten) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 12/286 1018-5941 Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (excluding Italy). Our results show that fiscal multipliers differ across countries, calling for a tailored use of fiscal policy. Moreover, the position in the business cycle affects the impact of fiscal policy on output: on average, government spending, and revenue multipliers tend to be larger in downturns than in expansions. This asymmetry has implications for the choice between an upfront fiscal adjustment versus a more gradual approach Online-Ausg BUSINESS & ECONOMICS / Industries / General bisacsh Fiscal policy fast Multiplier (Economics) fast Multiplier (Economics) Fiscal policy Developed countries Poplawski-Ribeiro, Marcos Sonstige (DE-588)137989458 oth Weber, Anke 1981- Sonstige oth Internationaler Währungsfonds Sonstige (DE-588)1013082-2 oth http://elibrary.imf.org/view/IMF001/20131-9781475565829/20131-9781475565829/20131-9781475565829.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Baum, Anja 1985- Fiscal Multipliers and the State of the Economy BUSINESS & ECONOMICS / Industries / General bisacsh Fiscal policy fast Multiplier (Economics) fast Multiplier (Economics) Fiscal policy Developed countries
title	Fiscal Multipliers and the State of the Economy
title_auth	Fiscal Multipliers and the State of the Economy
title_exact_search	Fiscal Multipliers and the State of the Economy
title_exact_search_txtP	Fiscal Multipliers and the State of the Economy
title_full	Fiscal Multipliers and the State of the Economy prepared by Anja Baum, Marcos Poplawski-Ribeiro, and Anke Weber
title_fullStr	Fiscal Multipliers and the State of the Economy prepared by Anja Baum, Marcos Poplawski-Ribeiro, and Anke Weber
title_full_unstemmed	Fiscal Multipliers and the State of the Economy prepared by Anja Baum, Marcos Poplawski-Ribeiro, and Anke Weber
title_short	Fiscal Multipliers and the State of the Economy
title_sort	fiscal multipliers and the state of the economy
topic	BUSINESS & ECONOMICS / Industries / General bisacsh Fiscal policy fast Multiplier (Economics) fast Multiplier (Economics) Fiscal policy Developed countries
topic_facet	BUSINESS & ECONOMICS / Industries / General Fiscal policy Multiplier (Economics) Multiplier (Economics) Fiscal policy Developed countries
url	http://elibrary.imf.org/view/IMF001/20131-9781475565829/20131-9781475565829/20131-9781475565829.xml
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