This paper studies empirically the relative effectiveness of monetary and fiscal policies on growth. Unlike many previous papers which have focused, to a large extent, on the effect of …
I Boiciuc - Procedia Economics and Finance, 2015 - Elsevier
There has always been an interest in analyzing the effects of fiscal policy on the main macroeconomic variables such as GDP, inflation, interest rate, employment, but compared …
In this article we employed structural vector auto-regressive (SVAR) model to assess the degree of coordination between monetary and fiscal policy and how such coordination has …
En este artículo se evidencia el efecto de la política fiscal en la economía de Ecuador, considerando la recesión y expansión entre 2003 y 2013. Para esto se utiliza un MSVAR …
Despite the frequent use of fiscal policy for stabilization purposes and the important role fiscal activism has played over the last decade, the size of budgetary multipliers (ie the …
This paper investigates the macroeconomic effects of monetary and fiscal policies in three South Eastern European economies: Bulgaria, Croatia and Macedonia. We employ …
Purpose The present paper aims to evaluate the structural impact of exogenously induced fiscal shocks on the Moroccan economy. This entails an analysis of the effect on the GDP of …
M Damane, LP Sekantsi - Modern Economy, 2018 - scirp.org
Lesotho's unemployment, poverty and income inequality and other social ills remain pervasive in the face of non-inclusive growth. Using structural vector autoregressive …
Sažetak The aim of this paper is to analyze the effects of discretionary measures of fiscal policy on the economic activity and to estimate the size of fiscal multipliers in Croatia …