The macroeconomic effects of fiscal policy in Portugal : a Bayesian SVAR analysis
With a new quarterly dataset we estimate a Bayesian Structural Autoregression model and a Fully Simultaneous System approach to analyze the macroeconomic effects of fiscal policy. Results show that positive government spending shocks, in general, have a negative effect on real GDP; lead to “crowding...
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| Formato: | article |
| Idioma: | eng |
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2018
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| Texto completo: | http://hdl.handle.net/10400.5/15656 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/15656 |