The purpose of this note is to help mainstream fiscal multipliers in PFRs. It aims to provide guidance for estimating fiscal ...
This Selected Issues Paper revisits fiscal multipliers for Estonia with a view to highlighting policy trade-offs and providing growth-friendly options for fiscal consolidation. The pandemic triggered ...
This paper tests whether Japan's key macro policy multipliers have declined since 2013, the year that Japan introduced Qualitative and Quantitative Easing. We use the augmented Blanchard-Perotti ...