Argentina's government has resorted to fiscal policy as a countercyclical tool to mitigate the negative impact of the current economic downturn on aggregate demand. Empirical results based on a vector error correction model suggest, however, that the fiscal multiplier is relatively small and short-lived. This could reflect a number of factors, including the higher propensity of households to save during the economic downturn, the implementation lag...
Exibir mais
DETALHES
-
2010/02/01
-
Documento de trabalho sobre pesquisa de políticas
-
WPS5220
-
1
-
1
-
2010/07/01
-
Disclosed
-
Estimating the fiscal multiplier in Argentina
-
fiscal multiplier
DOWNLOADS
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
-
Total Downloads** : 1731
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.