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The Case for Global Fiscal Stimulus1

The Case for Global Fiscal Stimulus1 »

Source: The Case for Global Fiscal Stimulus

Volume/Issue: 2009/3

Series: IMF Staff Position Notes

Author(s): Jaewoo Lee , Douglas Laxton , Michael Kumhof , and Charles Freedman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 March 2009

ISBN: 9781455268368

Keywords: Financial sector, Financial crisis, Economic models, Central banks, Cross country analysis, Economic growth, Spillovers, Stabilization measures, Fiscal policy, Monetary policy

This paper presents simulations with a multicountry structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the worl...

Globalization, Financial Markets, and Fiscal Policy

Globalization, Financial Markets, and Fiscal Policy »

Source: Globalization, Financial Markets, and Fiscal Policy

Volume/Issue: 2007/051

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2007

ISBN: 9781498333191

Keywords: Capital flows, Economic growth, Financial sector, Fiscal policy, Globalization, Government expenditures, Stabilization measures, Tax revenues, Economic integration, Economic policy

This paper examines how fiscal policy can contribute to realizing the benefits of two important ongoing developments, globalization and financial deepening....

Globalization, Financial Markets, and Fiscal Policy

Globalization, Financial Markets, and Fiscal Policy »

Volume/Issue: 2007/051

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 November 2007

DOI: http://dx.doi.org/10.5089/9781498333191.007

ISBN: 9781498333191

Keywords: Capital flows, Economic growth, Financial sector, Fiscal policy, Globalization, Government expenditures, Stabilization measures, Tax revenues, Economic integration, Economic policy

This paper examines how fiscal policy can contribute to realizing the benefits of two important ongoing developments, globalization and financial deepening....

The Case for Global Fiscal Stimulus

The Case for Global Fiscal Stimulus »

Volume/Issue: 2009/3

Series: IMF Staff Position Notes

Author(s): Jaewoo Lee , Douglas Laxton , Michael Kumhof , and Charles Freedman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 March 2009

DOI: http://dx.doi.org/10.5089/9781455268368.004

ISBN: 9781455268368

Keywords: Financial sector, Financial crisis, Economic models, Central banks, Cross country analysis, Economic growth, Spillovers, Stabilization measures, Fiscal policy, Monetary policy

This paper presents simulations with a multicountry structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the worl...