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...
You can specify the type of files you want, for your gadget.Fiscal Multipliers : Size, Determinants, and Use in Macroeconomic Projections | Nicoletta Batini, Luc Eyraud, Lorenzo Forni, Anke Weber. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.
