Estevão, Marcello M.; Samaké, Issouf - International Monetary Fund (IMF) - 2013
economic activity, even as high public debts in many countries would call for fiscal consolidation. To evaluate the delicate … balance between stimulus and consolidation requires measuring the size of fiscal multipliers, which often depends on having … are available to validate the methodology. Differently from advanced and emerging market economies, fiscal consolidation …