Social Transfer Multipliers in Developed and Emerging Countries : The Role of Hand-to-Mouth Consumers
This paper estimates the macroeconomic effects of social transfer payments to individuals for a sample of 23 developed and Latin American countries. The findings show that the social transfer multiplier is 0.3 in developed countries, but 0.9 in Lat...
| Main Authors: | , , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/327851618328958571/Social-Transfer-Multipliers-in-Developed-and-Emerging-Countries-The-Role-of-Hand-to-Mouth-Consumers http://hdl.handle.net/10986/35450 |