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Record Nr. |
UNINA9910796420203321 |
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Titolo |
Mexico : : Selected Issues |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2015 |
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ISBN |
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1-5135-9723-X |
1-5135-3105-0 |
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Descrizione fisica |
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1 online resource (85 pages) : illustrations, tables, graphs |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Fiscal policy - Mexico |
Foreign Exchange |
Macroeconomics |
Money and Monetary Policy |
Public Finance |
Taxation |
Fiscal Policy |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
Debt |
Debt Management |
Sovereign Debt |
Climate |
Natural Disasters and Their Management |
Global Warming |
Monetary economics |
Public finance & taxation |
Climate change |
Currency |
Foreign exchange |
Bank credit |
Credit |
Public debt |
Excises |
Fiscal councils |
Money |
Taxes |
Fiscal policy |
Debts, Public |
Excise tax |
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Mexico Economic policy |
Mexico |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This Selected Issues paper analyzes fiscal multipliers in Mexico. Estimates of fiscal multipliers––obtained from state-level spending––fall within 0.6–0.7 after accounting for dynamic effects. However, the size of multipliers varies with the output gap. The planned fiscal consolidation—under the estimated multipliers—is projected to subtract on average 0.5 percentage points from growth over 2015–20. However, there are offsetting effects. The positive growth impulse of lower costs on manufactured goods production is estimated to reach 0.5 percentage point in 2015 and 2016, largely offsetting the impact of fiscal consolidation on growth in the near term. |
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