| |
|
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910779643303321 |
|
|
Autore |
Baum Anja |
|
|
Titolo |
Fiscal Multipliers and the State of the Economy / / Anja Baum, Marcos Poplawski Ribeiro, Anke Weber |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Washington, D.C. : , : International Monetary Fund, , 2012 |
|
|
|
|
|
|
|
ISBN |
|
1-4755-8800-3 |
1-4755-2392-0 |
|
|
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (32 p.) |
|
|
|
|
|
|
Collana |
|
|
|
|
|
|
Altri autori (Persone) |
|
Poplawski RibeiroMarcos |
WeberAnke |
|
|
|
|
|
|
|
|
Soggetti |
|
Multiplier (Economics) |
Fiscal policy - Developed countries |
Macroeconomics |
Public Finance |
Production and Operations Management |
Business Fluctuations |
Cycles |
Fiscal Policy |
Quantitative Policy Modeling |
Macroeconomics: Production |
National Government Expenditures and Related Policies: General |
Public finance & taxation |
Output gap |
Fiscal multipliers |
Fiscal consolidation |
Fiscal policy |
Expenditure |
Production |
Economic theory |
Expenditures, Public |
United States |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
Description based upon print version of record. |
|
|
|
|
|
|
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references. |
|
|
|
|
|
|
Nota di contenuto |
|
Cover; Contents; I. Introduction; II. Background and Literature Review; A. What are Fiscal Multipliers and How Large are They?; B. Do Multipliers Differ in Downturns and Expansions?; Figures; 1. Country Characteristics and Multipliers; III. Data and Methodology; A. Data Sources and Description; Tables; 1. Cumulative Fiscal Multiplier Estimates from Selected Non-Linear Approaches; B. Threshold VAR Methodology; C. Impulse Response Functions; IV. Results; A. Country-by-Country Results; 2. G7 Selected Countries: Descriptive Statistics, 1965Q2-2011Q2 |
3. G7 Selected Countries: Threshold Estimation, 1965Q2-2011Q22. Cumulative Fiscal Multipliers: Fiscal Expansion; 3. Cumulative Fiscal Multipliers: Fiscal Contraction; B. Average of G7 Economies; C. Discussion and Caveats; 4. Fiscal Multipliers in G7 Economies; D. Policy Implications: Up-front versus Gradual Implementation; 5. G7 Economies: Cumulative Impact on Output from a Negative Discretionary Fiscal Spending Shock; V. Conclusions; A. Data Sources and Description; Appendix; B. Cumulative Generalized Impulse Response Functions and Confidential Intervals |
C. Using Output Growth as the Threshold VariableReferences |
|
|
|
|
|
|
|
|
Sommario/riassunto |
|
Only a few empirical studies have analyzed the relationship between fiscal multipliers and the underlying state of the economy. This paper investigates this link on a country-by-country basis for the G7 economies (excluding Italy). Our results show that fiscal multipliers differ across countries, calling for a tailored use of fiscal policy. Moreover, the position in the business cycle affects the impact of fiscal policy on output: on average, government spending, and revenue multipliers tend to be larger in downturns than in expansions. This asymmetry has implications for the choice between an upfront fiscal adjustment versus a more gradual approach. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2. |
Record Nr. |
UNINA9910689654803321 |
|
|
Titolo |
Affordable housing production and working families : hearing before the Subcommittee on Housing and Transportation of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Seventh Congress, second session on the affordable housing needs of working families and the state of the nation's housing supply for both renters and prospective homebuyers, May 15 and September 25, 2002 |
|
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (iv, 152 p.) |
|
|
|
|
|
|
Soggetti |
|
Low-income housing - United States |
Working poor - Housing - United States |
Public housing - Finance - Government policy - United States |
Housing policy - United States |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
| |