Why Do Fiscal Multipliers Depend on Fiscal Positions?

Why Do Fiscal Multipliers Depend on Fiscal Positions?

The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Throu...

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Bibliographic Details
Main Authors: Huidrom, Raju, Kose, M. Ayhan, Lim, Jamus J., Ohnsorge, Franziska L.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
FISCAL MULTIPLIER
FISCAL POSITION
FISCAL TRENDS
STATE DEPENDENCY
RICARDIAN CHANNEL
INTEREST RATE
BUSINESS CYCLES
VECTOR AUTOREGRESSION
Online Access:http://documents.worldbank.org/curated/en/696521553109989507/Why-Do-Fiscal-Multipliers-Depend-on-Fiscal-Positions
http://hdl.handle.net/10986/31432

Internet

http://documents.worldbank.org/curated/en/696521553109989507/Why-Do-Fiscal-Multipliers-Depend-on-Fiscal-Positions
http://hdl.handle.net/10986/31432

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