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. | |
ID | 2080417 |
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. . . .