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Republic of Korea Selected Issues

This Selected Issues paper evaluates the size of fiscal multipliers in Korea using the IMF’s Global Integrated Monetary and Fiscal model calibrated for Korea. The sensitivity of the results to a number of key factors is explored. Based on this, the impact of the recent fiscal stimulus packages is es...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2009
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Credit
Banks
Public Finance & Taxation
Banks And Banking
Monetary Economics
Taxes
Fiscal Multipliers
Corporations
Ownership & Organization Of Enterprises
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Fiscal Policy
Corporate Finance And Governance: General
Mortgages
Economic Sectors
Corporate Finance
Business Enterprises
Corporate Sector
Business Taxes And Subsidies
Corporate & Business Tax
Personal Finance -taxation
Macroeconomics
Banking
Fiscal Stimulus
Taxation
Personal Income And Other Nonbusiness Taxes And Subsidies
Public Finance
Money And Monetary Policy
Income Tax
Personal Income Tax
Korea, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper evaluates the size of fiscal multipliers in Korea using the IMF’s Global Integrated Monetary and Fiscal model calibrated for Korea. The sensitivity of the results to a number of key factors is explored. Based on this, the impact of the recent fiscal stimulus packages is estimated and the appropriateness of the current mix of measures is assessed. In this context, the paper also draws on international operational experience with fiscal stimulus measures
Physical Description:29 pages
ISBN:9781451822267

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