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International evidence on recovery from recessions /

Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a rebound,...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Cerra, Valerie (Autor), Panizza, Ugo (Autor), Saxena, Sweta Chaman (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, IMF Institute, ©2009.
Colección:IMF working paper ; WP/09/183.
Temas:
Acceso en línea:Texto completo