03903oam 22011174 450 991079642020332120230807220352.01-5135-9723-X1-5135-3105-0(CKB)3820000000019205(MiAaPQ)EBC4395506(Au-PeEL)EBL4395506(CaPaEBR)ebr11187377(CaONFJC)MIL881609(OCoLC)946309334(IMF)1MEXEA2015003(EXLCZ)99382000000001920520020129d2015 uf 0engurcnu||||||||rdacontentrdamediardacarrierMexico : Selected IssuesWashington, D.C. :International Monetary Fund,2015.1 online resource (85 pages) illustrations, tables, graphsIMF Staff Country Reports1-5135-9343-9 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.IMF Staff Country Reports; Country Report ;No. 2015/314Fiscal policyMexicoForeign ExchangeimfMacroeconomicsimfMoney and Monetary PolicyimfPublic FinanceimfTaxationimfFiscal PolicyimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfDebtimfDebt ManagementimfSovereign DebtimfClimateimfNatural Disasters and Their ManagementimfGlobal WarmingimfMonetary economicsimfPublic finance & taxationimfClimate changeimfCurrencyimfForeign exchangeimfBank creditimfCreditimfPublic debtimfExcisesimfFiscal councilsimfMoneyimfTaxesimfFiscal policyimfDebts, PublicimfExcise taximfMexicoEconomic policyMexicoimfFiscal policyForeign ExchangeMacroeconomicsMoney and Monetary PolicyPublic FinanceTaxationFiscal PolicyMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralDebtDebt ManagementSovereign DebtClimateNatural Disasters and Their ManagementGlobal WarmingMonetary economicsPublic finance & taxationClimate changeCurrencyForeign exchangeBank creditCreditPublic debtExcisesFiscal councilsMoneyTaxesFiscal policyDebts, PublicExcise tax336.72DcWaIMFBOOK9910796420203321Mexico163857UNINA