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A simple method to compute fiscal multipliers

Author: Nicoletta Batini; Luc Eyraud; Anke Weber; International Monetary Fund. Fiscal Affairs Department.
Publisher: [Washington, D.C.] : International Monetary Fund, ©2014.
Series: IMF working paper, WP/14/93.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
"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. For these countries, we propose a simple method - dubbed the "bucket approach"--To come up with reasonable multiplier estimates. The approach bunches countries into groups (or "buckets") with similar  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Nicoletta Batini; Luc Eyraud; Anke Weber; International Monetary Fund. Fiscal Affairs Department.
ISBN: 9781498381543 1498381545
OCLC Number: 881462764
Notes: "Fiscal Affairs Department"--Page 2 of pdf.
"June 2014"--Page 2 of pdf.
Description: 1 online resource (33 pages) : color illustrations.
Series Title: IMF working paper, WP/14/93.
Responsibility: Nicoletta Batini, Luc Eyraud, and Anke Weber.

Abstract:

"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. For these countries, we propose a simple method - dubbed the "bucket approach"--To come up with reasonable multiplier estimates. The approach bunches countries into groups (or "buckets") with similar multiplier values, based on their characteristics. It also takes into account the effect of some temporary factors, such as the state of the business cycle"--Abstract.

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