Saturday, January 2, 2021

Fiscal Multipliers and Growth Cycle

According to the article, fiscal policy in Malaysia is pro-cyclical, especially after the 1998 East Asian financial crisis (1981 to 2010 sample period)

https://openknowledge.worldbank.org/bitstream/handle/10986/3268/WPS5982.pdf?sequence=1&isAllowed=y


“Rafiq, Sohrab; Zeufack, Albert. 2012. Fiscal Multipliers over the Growth Cycle : Evidence from Malaysia. Policy Research working paper; no. WPS 5982. World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/3268 License: CC BY 3.0 IGO.”


-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The Ringgit Rebound

As of 23 September 2024, the ringgit ringgit has risen more than 12% against the dollar this quarter, making it the best performing emerging...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...