The macroeconomic effects of fiscal policy in Portugal : a Bayesian SVAR analysis

In the last twenty years Portugal struggled to keep public finances under control, notably in containing primary spending. We use a new quarterly dataset covering 1979:1-2007:4, and estimate a Bayesian Structural Autoregression model to analyze the macroeconomic effects of fiscal policy. The results...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Sousa, Ricardo M. (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10400.5/2539
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2539