Publication:
Estimating the Fiscal Multiplier in Argentina

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dc.contributor.authorAnos-Casero, Paloma
dc.contributor.authorCerdeiro, Diego
dc.contributor.authorTrezzi, Riccardo
dc.date.accessioned2012-03-19T18:38:16Z
dc.date.available2012-03-19T18:38:16Z
dc.date.issued2010-02-01
dc.description.abstractArgentina's government has resorted to fiscal policy as a countercyclical tool to mitigate the negative impact of the current economic downturn on aggregate demand. Empirical results based on a vector error correction model suggest, however, that the fiscal multiplier is relatively small and short-lived. This could reflect a number of factors, including the higher propensity of households to save during the economic downturn, the implementation lag of public expenditures, particularly of capital expenditures, and the narrow tax base that limits the impact of countercyclical revenue measures on domestic demand.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100226102651
dc.identifier.doi10.1596/1813-9450-5220
dc.identifier.urihttps://hdl.handle.net/10986/3707
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5220
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGGREGATE DEMAND
dc.subjectAUCTION
dc.subjectAUTOREGRESSION
dc.subjectBIDS
dc.subjectBONDS
dc.subjectBORROWING
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL REPATRIATION
dc.subjectCOMMODITY
dc.subjectCOMMODITY EXPORTS
dc.subjectCONSUMPTION INCREASES
dc.subjectCREDIT LINES
dc.subjectCREDITORS
dc.subjectDUMMY VARIABLES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DOWNTURN
dc.subjectECONOMIC FLUCTUATIONS
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC SLOWDOWN
dc.subjectELASTICITY
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING-MARKET
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE INCREASE
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectEXTERNAL SHOCKS
dc.subjectFINANCIAL CRISIS
dc.subjectFISCAL IMPACT
dc.subjectFISCAL MEASURES
dc.subjectFISCAL MULTIPLIERS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL SHOCKS
dc.subjectFISCAL STIMULUS
dc.subjectGDP
dc.subjectGOVERNMENT CONSUMPTION
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT INVESTMENT
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectINCOME
dc.subjectINCOME TAX
dc.subjectINFLATION
dc.subjectINFORMAL SECTOR
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL MONETARY FUND
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectOUTPUT
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPRICE STABILITY
dc.subjectPRIVATE PENSION
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC INVESTMENT
dc.subjectRETURN
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSOCIAL SAFETY NET
dc.subjectSOCIAL SECURITY
dc.subjectTAX
dc.subjectTAX COLLECTION
dc.subjectTAX REVENUES
dc.subjectTIME DEPOSITS
dc.subjectTRANSMISSION MECHANISM
dc.subjectTREASURY
dc.titleEstimating the Fiscal Multiplier in Argentinaen
dspace.entity.typePublication
okr.crossref.titleEstimating The Fiscal Multiplier In Argentina
okr.date.doiregistration2025-04-10T11:55:21.747779Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100226102651
okr.guid721101468206948312
okr.identifier.doi10.1596/1813-9450-5220
okr.identifier.externaldocumentum000158349_20100226102651
okr.identifier.internaldocumentum11867327
okr.identifier.reportWPS5220
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/02/26/000158349_20100226102651/Rendered/PDF/WPS5220.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.administrativeLatin America and Caribbean
okr.region.countryArgentina
okr.region.geographicalSouth America
okr.region.geographicalAmerica
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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