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Keywords: Openness
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Journal Articles
The government spending multiplier in Latin American countries: does the institutional environment matter?
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Journal:
Journal of Financial Economic Policy
Journal of Financial Economic Policy (2022) 14 (4): 476–490.
Published: 17 August 2021
... are conditional on the extent of openness, capital mobility and economic freedom. Based on the results, the latter is important: the less economically free a country, the larger its spending multiplier. Lower economic freedom in Latin American countries can help to account for their large spending multipliers...
