Title: The Growth and Stabilization Properties of Fiscal Policy in Malaysia
Abstract: This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian financial crisis the medium- and long-run effect of fiscal policy spending has declined. Some of this is down to greater credit availability and less investment spending.
Publication Year: 2013
Publication Date: 2013-06-01
Language: en
Type: article
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Cited By Count: 1
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