Social Transfer Multipliers in Developed and Emerging Countries : The Role of Hand-to-Mouth Consumers

Social Transfer Multipliers in Developed and Emerging Countries : The Role of Hand-to-Mouth Consumers

This paper estimates the macroeconomic effects of social transfer payments to individuals for a sample of 23 developed and Latin American countries. The findings show that the social transfer multiplier is 0.3 in developed countries, but 0.9 in Lat...

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Bibliographic Details
Main Authors: Bracco, Jessica, Galeano, Luciana, Juarros, Pedro, Riera-Crichton, Daniel, Vuletin, Guillermo
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
FISCAL TRANSFER
SOCIAL TRANSFER
FISCAL POLICY
FISCAL STIMULUS
GOVERNMENT SPENDING
MULTIPLIER
EMERGING MARKET
Online Access:http://documents.worldbank.org/curated/en/327851618328958571/Social-Transfer-Multipliers-in-Developed-and-Emerging-Countries-The-Role-of-Hand-to-Mouth-Consumers
http://hdl.handle.net/10986/35450

Internet

http://documents.worldbank.org/curated/en/327851618328958571/Social-Transfer-Multipliers-in-Developed-and-Emerging-Countries-The-Role-of-Hand-to-Mouth-Consumers
http://hdl.handle.net/10986/35450

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