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:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Republic of Korea  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2009 
300 |a 29 pages 
651 4 |a Korea, Republic of 
653 |a Depository Institutions 
653 |a Credit 
653 |a Banks 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Monetary economics 
653 |a Taxes 
653 |a Fiscal multipliers 
653 |a Corporations 
653 |a Ownership & organization of enterprises 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Micro Finance Institutions 
653 |a Fiscal Policy 
653 |a Corporate Finance and Governance: General 
653 |a Fiscal policy 
653 |a Mortgages 
653 |a Economic sectors 
653 |a Corporate Finance 
653 |a Business enterprises 
653 |a Corporate sector 
653 |a Business Taxes and Subsidies 
653 |a Banks and Banking 
653 |a Corporate & business tax 
653 |a Personal Finance -Taxation 
653 |a Macroeconomics 
653 |a Banking 
653 |a Fiscal stimulus 
653 |a Taxation 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Income tax 
653 |a Personal income tax 
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490 0 |a IMF Staff Country Reports 
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520 |a 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