HIGHLIGHTS
- who: Fiscal multipliers and colleagues from the School of Economics (Université Toulouse-Capitole), France have published the Article: ADEMU WORKING PAPER SERIES, in the Journal: (JOURNAL)
- what: This paper applies the methodology to assess the size of in the data and the relative contributions of two transmission mechanisms of government spending shocks namely hand-to-mouth consumers and Econometric experiments show that a model with is a better representation of the transmission mechanism of policy as it yields dynamic responses close to those obtained with the flexible model (i.e. an impact output multiplier larger . . .
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