Fiscal policy effectiveness in a small open economy : estimates of tax and spending multipliers in Paraguay /
This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to multipliers for capital expenditure that are substantially higher than multipliers for current expenditure. In addition, the evidence suggest...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
2017.
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| Series: | IMF working paper ;
WP/17/63. |
| Subjects: | |
| Online Access: | CONNECT |
