Renouf Publishing Co. Ltd.
embedded image
Renouf
Online Bookstore

ABOUT SSL CERTIFICATES

 
Quick Search
for: 
in 
 
Advanced search
F.A.Q.
Featured books
New in print
Best Sellers
President's picks

Shopping cart/Checkout  [0]
Sign-up for eUpdates
How Big are Fiscal Multipliers in Latin America?
by Jorge Restrepo

Series:Working Paper No. 20/17
ISBN 9781513526836
Code: #WPIEA2020017

Publication year: 2020

Cdn: $27.00; US: $25.00
Paperback
Language: English
23 pages
Add to cart
This paper uses the strategy and data of Blanchard and Perotti (BP) to identify fiscal shocks and estimate fiscal multipliers for the United States. With these results, it computes the cumulative multiplier of Ramey and Zubairy (2018), now common in the literature. It finds that, contrary to the peak and through multipliers reported by BP, the cumulative tax multiplier is much larger than the cumulative spending one. Hence, the conclusions depend on the definition of multiplier. This methodology is also used to estimate the effects of fiscal shocks on economic activity in eight Latin American countries. The results suggest that the fiscal multipliers vary significantly across countries, and in some cases multipliers are larger than previously estimated.
How Big are Fiscal Multipliers in Latin America?
Cdn: $27.00; US: $25.00
International Monetary Fund (IMF) BookID: 126964 Added: 2020.2.9