Fiscal Policy Effectiveness in a Small Open Economy

Estimates of Tax and Spending Multipliers in Paraguay

Fiscal Policy Effectiveness in a Small Open Economy
This paper presents estimates of fiscal multipliers in Paraguay following different econometric techniques and identification approaches. The results point to multipliers for capital expenditure that are substantially higher than multipliers for current expenditure. In addition, the evidence suggests that tax multipliers are... READ MORE...

Publication date: March 2017
ISBN 9781475588262
$18.00

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