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The fiscal multiplier and spillover in a global liquidity trap

Fujiwara, Ippei; Ueda, Kozo

Description

We consider the fiscal multiplier and spillover-the extent to which one country's government expenditure increases production at home and also in another foreign country, when the two countries are caught simultaneously in a liquidity trap. Using a standa

CollectionsANU Research Publications
Date published: 2013
Type: Journal article
URI: http://hdl.handle.net/1885/33940
Source: Journal of Economic Dynamics and Control
DOI: 10.1016/j.jedc.2013.02.006

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