Since the Great Depression of the 1930s, and through the more recent Asian Crisis of 1997 and Great Recession of 2008/09, governments have experimented with Keynesian style fiscal stimulus to support employment and accelerate economic recovery. The effectiveness of these policies depends on the size of fiscal multipliers. A large body of economic literature has estimated such multipliers, with gradually increasing precision, due to econometric improvements...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2021/10/06
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Рабочий документ в рамках исследования вопросов политики
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WPS9796
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1
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1
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2021/10/06
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Disclosed
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What Have We Learned about the Effectiveness of Infrastructure Investment as a Fiscal Stimulus ? A Literature Review
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percent rate of return
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