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Heterogeneous Spending, Heterogeneous Multipliers
Language: en
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Authors: Umberto Muratori
Categories: Business & Economics
Type: BOOK - Published: 2023-03-10 - Publisher: International Monetary Fund

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Do local fiscal multipliers depend on what the government purchases? We find that government purchases of services have larger effects on employment than spendi
How Big (Small?) are Fiscal Multipliers?
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Authors: Ethan Ilzetzki
Categories: Business & Economics
Type: BOOK - Published: 2011-03-01 - Publisher: International Monetary Fund

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We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key c
Heterogeneity and Persistence in Returns to Wealth
Language: en
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Authors: Andreas Fagereng
Categories: Business & Economics
Type: BOOK - Published: 2018-07-27 - Publisher: International Monetary Fund

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We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax reco
Fiscal Policy after the Financial Crisis
Language: en
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Authors: Alberto Alesina
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Type: BOOK - Published: 2013-06-25 - Publisher: University of Chicago Press

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The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu
Post-crisis Fiscal Policy
Language: en
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Authors: Carlo Cottarelli
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Type: BOOK - Published: 2014-06-27 - Publisher: MIT Press

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"Fiscal policy makers have faced an extraordinarily challenging environment over the last few years. At the outset of the global financial crisis, the Internati