Uncertainty and the effectiveness of fiscal policy in the United States and Brazil : SVAR approach
This paper analyses the harmful interference of uncertainty on the effectiveness of fiscal policy. We investigate this issue through the lens of a Structural Vector Auto Regressive (SVAR) model for the United States and Brazil. Imposing government spending shocks, we find a positive effect on econom...
Autor principal: | |
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Formato: | workingPaper |
Idioma: | eng |
Publicado em: |
2020
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Assuntos: | |
Texto completo: | http://hdl.handle.net/10400.5/20638 |
País: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/20638 |