Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits photograph

Fiscal Stimulus To The Rescue? Short-Run Benefits And Potential Long-Run Costs Of Fiscal Deficits

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Originally published November 2009
Authors Michael Kumhof
Douglas Laxton
Susanna Mursula
Dirk Muir
Charles Freedman
Date of Reg.
Date of Upd.
ID2080417
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About Fiscal Stimulus To The Rescue? Short-Run Benefits And Potential Long-Run Costs Of Fiscal Deficits


This paper uses the IMF''s Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. . . .

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