Government Investment and Fiscal Stimulus:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Yang, Shu-Chun S. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2010
Schriftenreihe:IMF Working Papers Working Paper No. 10/229
Links:http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
http://elibrary.imf.org/view/IMF001/11337-9781455208944/11337-9781455208944/11337-9781455208944.xml
Abstract:Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: implementation delays for building public capital and expected fiscal adjustments to deficit-financed spending. Implementation delays can produce small or even negative labor and output responses to increases in government investment in the short run. Anticipated fiscal adjustments matter both quantitatively and qualitatively for long-run growth effects. When public capital is insufficiently productive, distorting financing can make government investment contractionary at longer horizons
Umfang:1 Online-Ressource (30 p)
ISBN:1455208949
9781455208944