Inside the IMF “mea culpa”: A panel analysis on growth forecast errors and Keynesian multipliers in Europe
The tests carried out by Blanchard and Leigh (2013; IMF, 2012) and Fátas and Summers (2018) are extended here into a panel framework in order to assess the empirical basis of the so-called IMF “mea culpa” regarding the underestimation of Keynesian multipliers during the euro area crisis. The obj...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2020-10-01
|
| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/17120 |