Fiscal and monetary policies in the BRICS: a panel VAR approach

Using a Panel Vector Auto-Regressive (PVAR) model, we assess the macroeconomic impact of fiscal policy and monetary policy shocks for five key emerging market economies—Brazil, Russia, India, China and South Africa (BRICS). We show that monetary contractions lead to a fall in real economic activity...

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Bibliographic Details
Main Author: Jawadi, Fredj (author)
Other Authors: Mallick, Sushanta K. (author), Sousa, Ricardo M. (author)
Format: article
Language:eng
Published: 2016
Subjects:
Fiscal policy
Monetary policy
Panel Vector Auto-Regression (PVAR)
Emerging markets
Social Sciences
Online Access:http://hdl.handle.net/1822/38019
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/38019

Internet

http://hdl.handle.net/1822/38019

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