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Une analyse des multiplicateurs budgétaires : quelles leçons pour les pays en développement et émergents ?

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  • Jean-Louis Combes
  • Lavinia Mustea

Abstract

In response to the recent financial crisis, many governments adopted fiscal stabilization policies, whose multiplier effects generated considerable interest in academia and among policy makers. After a brief review of the foundations of fiscal multipliers, the paper presents the methods used to measure multipliers and the results that often depend on the position in the economic cycle, the state of public finances, monetary policy and characteristics of economies. Although most analysis are related to developed countries, it is possible to draw lessons for developing and emerging economies.

Suggested Citation

  • Jean-Louis Combes & Lavinia Mustea, 2014. "Une analyse des multiplicateurs budgétaires : quelles leçons pour les pays en développement et émergents ?," Mondes en développement, De Boeck Université, vol. 0(3), pages 17-33.
    • Handle: RePEc:cai:meddbu:med_167_0017
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    Cited by:

    1. Marie-Pierre Hory, 2016. "Fiscal multipliers in Emerging Market Economies: Can we learn something from Advanced Economies?," International Economics, CEPII research center, issue 146, pages 59-84.
    2. Mvondo, Thierry, 2021. "Stabilisation et relance macroéconomiques post COVID-19 dans la CEMAC : Quels instruments pour quels effets dans un modèle DSGE ?," Dynare Working Papers 65, CEPREMAP.

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