What do we know about the macroeconomic effects of fiscal policy? A brief survey of the literature on fiscal multipliers
"This article reviews recent research findings on the effects of fiscal multipliers in normal times, during booms/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as contributions on the fiscal-monetary policy mix are a...
| Main Authors: | , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Munich
2018
CESifo |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19304571124911227539-What-do-we-know-about-the-macr.htm |
| Summary: | "This article reviews recent research findings on the effects of fiscal multipliers in normal times, during booms/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as contributions on the fiscal-monetary policy mix are also considered. We conclude by outlining a few research avenues that are particularly relevant from a policy standpoint." |
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| Physical Description: | 23 p. Digital |