Anos-Casero, Paloma; Cerdeiro, Diego; Trezzi, Riccardo - Economics Research, World Bank Group - 2010
Argentina's government has resorted to fiscal policy as a countercyclical tool to mitigate the negative impact of the …, that the fiscal multiplier is relatively small and short-lived. This could reflect a number of factors, including the …, particularly of capital expenditures, and the narrow tax base that limits the impact of countercyclical revenue measures on …