Luc Eyraud,Lorenzo Forni,Nicoletta Batini

Fiscal Multipliers : Size, Determinants, and Use in Macroeconomic Projections

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Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size of multipliers, as data availability limits the scope for empirical research. This note provides general guidance on the definition, measurement, and use of fiscal multipliers.
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