Browsing FGV EESP - Textos para Discussão / Working Paper Series by Subject "Recessão (Economia)"

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    • Fiscal multipliers in bad times: does the nature of a recession matter? 

      Borsoi, Nicolas da Silva; Teles, Vladimir Kühl
      2018-10
      The literature measuring the magnitude of the fiscal multiplier has a considerable consensus that the stimulative effects of fiscal instruments depends on the current state of economic activity, whether it is expanding or ...