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Credit and fiscal multipliers in China /

We jointly estimate credit and fiscal multipliers in China. We use the tenure of the provincial party secretary, interacted with the type of stimulus used in other provinces, to obtain separate instruments for provincial credit and government expenditure. We estimate a fiscal multiplier of 0.8 and a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Chen, Sophia, 1980- (Autor), Ratnovski, Lev (Autor), Tsai, Pi-Han (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [2017]
Colección:IMF working paper ; WP/17/273.
Temas:
Acceso en línea:Texto completo