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[null,"1.","Record Nr.",null,"UNINA9910788348103321"]
[null,null,"Autore",null,"Eskesen Leif"]
[null,null,"Titolo",null,"The Role for Counter-Cyclical Fiscal Policy in Singapore / / Leif Eskesen"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2009"]
[null,null,"ISBN",null,"1-4623-0836-8"]
[{"$nulls":4},"1-4527-9548-7"]
[{"$nulls":4},"9786612842306"]
[{"$nulls":4},"1-282-84230-7"]
[{"$nulls":4},"1-4518-7155-4"]
[null,null,"Descrizione fisica",null,"1 online resource (18 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Fiscal policy - Singapore"]
[{"$nulls":4},"Economic policy"]
[{"$nulls":4},"Econometrics"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Public Finance"]
[{"$nulls":4},"Fiscal Policy"]
[{"$nulls":4},"Fiscal Policies and Behavior of Economic Agents: General"]
[{"$nulls":4},"National Government Expenditures and Related Policies: General"]
[{"$nulls":4},"Taxation, Subsidies, and Revenue: General"]
[{"$nulls":4},"Time-Series Models"]
[{"$nulls":4},"Dynamic Quantile Regressions"]
[{"$nulls":4},"Dynamic Treatment Effect Models"]
[{"$nulls":4},"Diffusion Processes"]
[{"$nulls":4},"State Space Models"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"Econometrics & economic statistics"]
[{"$nulls":4},"Fiscal policy"]
[{"$nulls":4},"Expenditure"]
[{"$nulls":4},"Fiscal stimulus"]
[{"$nulls":4},"Revenue administration"]
[{"$nulls":4},"Structural vector autoregression"]
[{"$nulls":4},"Econometric analysis"]
[{"$nulls":4},"Expenditures, Public"]
[{"$nulls":4},"Revenue"]
[{"$nulls":4},"Singapore"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Description based upon print version of record."]
[null,null,null,"Nota di bibliografia","Includes bibliographical references."]
[null,null,"Nota di contenuto",null,"Contents; I. Introduction; II. Cross-Country Evidence on the Counter-cyclical Role of Fiscal Policy; Figures; 1. Fiscal Multipliers from SVAR and Macroeconometric Models- Cross-Country Evidence; III. The Counter-cyclical Role of Fiscal Policy in Singapore; A. Empirical Approach; B. Empirical Results; 2. Fiscal Multipliers-SVAR Results; 3. Fiscal Multipliers-SVAR Results; IV. The Role for Fiscal Policy in the Current Downturn; V. Concluding Remarks; References"]
[null,null,null,"Sommario/riassunto","Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, although the impact may be somewhat short lived. The short-lived impact could reflect a number of factors, including the absence of credit-constrained economic agents, a high propensity to save among households, monetary focus on price stability, and leakages due to economic openness. Notwithstanding, fiscal policy should still play a key stabilizing role in the current downturn given the downside risks to growth and the vast fiscal space."]