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Autoren: 
Castelnuovo, Efrem
Lim, Guay C.
Datum: 
2018
Reihe/Nr.: 
CESifo Working Paper 7366
Zusammenfassung: 
This article reviews recent research findings on the effects of fiscal multipliers in normal times, during booms/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as contributions on the fiscal-monetary policy mix are also considered. We conclude by outlining a few research avenues that are particularly relevant from a policy standpoint.
Schlagwörter: 
fiscal multipliers
business cycle
fiscal spending taxes
monetary policy
JEL: 
E30
Dokumentart: 
Working Paper

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