The Growth and Stabilization Properties of Fiscal Policy in Malaysia

Preprint OPEN
Sohrab Rafiq;
(2013)
  • Subject: External shocks;Economic models;Economic growth;Malaysia;Fiscal policy;Government expenditures;Stabilization, Multipliers, Time-variation, government spending, fiscal multipliers, fiscal stimulus, government spending shocks, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics,

This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates... View more
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