TY  - GEN
AU  - Avellán, Leopoldo
AU  - Galindo, Arturo
AU  - Leon-Diaz, John
TI  - The Role of Institutional Quality on the Effects of Fiscal Stimulus
PY  - 2020
Y1  - 2020/03/31
DO  - 10.18235/0002316
AB  - This paper provides evidence on the effect of fiscal stimulus on economic activity for countries with different degrees of institutional quality. For a panel of 113 countries during the period 1988-2017, we find evidence that an increment of 1% in government consumption yields a sizable, persistent and stable increase in economic activity of 0.9% in countries with higher institutional quality.
UR  - https://doi.org/10.18235/0002316
ER  -