Arbeitspapier
Fiscal Multipliers in Malta
This paper employs a Structural Vector Autoregression approach à la Blanchard and Perotti (2002) to investigate the impact of discretionary fiscal policy shocks on key macroeconomic variables in Malta. In order to gauge the quantitative impact of fiscal policy over the period 1995 to 2012, impact and cumulative multipliers are calculated. The response of GDP to government expenditure shocks and its components is low on impact but larger than one cumulatively. Moreover, private consumption responds positively to shocks in government spending, while private investment declines after a positive innovation to government expenditure.
- Language
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Englisch
- Bibliographic citation
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Series: CBM Working Papers ; No. WP/06/2014
- Classification
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Wirtschaft
Business Fluctuations; Cycles
Fiscal Policy
Taxation, Subsidies, and Revenue: General
National Government Expenditures and Related Policies: General
- Event
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Geistige Schöpfung
- (who)
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Borg, Ian
- Event
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Veröffentlichung
- (who)
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Central Bank of Malta
- (where)
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Valletta
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Borg, Ian
- Central Bank of Malta
Time of origin
- 2014
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