Related Books
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2015-12-30 - Publisher: International Monetary Fund
Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy
Language: en
Pages: 56
Pages: 56
Type: BOOK - Published: 2005-04-04 - Publisher: International Monetary Fund
Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has criti
Language: en
Pages: 61
Pages: 61
Type: BOOK - Published: 1997-11-01 - Publisher: International Monetary Fund
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and co
Language: en
Pages: 68
Pages: 68
Type: BOOK - Published: 2011-03-01 - Publisher: International Monetary Fund
We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key c
Language: en
Pages: 26
Pages: 26
Type: BOOK - Published: 2015-05-04 - Publisher: International Monetary Fund
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify th