European Parliament Library

Australia :, Selected Issues

This paper analyzes likely effectiveness of the fiscal policy in supporting aggregate demand in Australia. The simulation analysis illustrates that the type of fiscal measure and the underlying behavioral responses have an important impact on the magnitude of fiscal multipliers. The Global Integrated Monetary and Fiscal Model simulations also suggest that the cumulative impact after five years could be close to 10 percentage points of GDP for the announced stimulus measures that cumulate to almost 8 percentage points of GDP
Table Of Contents
Contents; I. The Effectiveness of Fiscal Stimulus Measures; A. Introduction; B. The Global Integrated Monetary and Fiscal Model; C. Fiscal Multipliers; Tables; D. The Impact of Announced Discretionary Fiscal Measures; II. Australian Household Vulnerabilities; A. Introduction; Figures; B. Household Saving and Wealth; C. Metrics of House-Price Valuation; D. Assessment of Potential Overvaluation and Risks; Appendices; II.1 House Price Models; References; III. Australian Bank and Corporate Sector Vulnerabilities-An International Perspective; A. Introduction
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (39 p.)
Specific Material Designation
Form Of Item

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