The macroeconomic effects of fiscal policy

We investigate the macroeconomic effects of fiscal policy using a Bayesian Structural Vector Autoregression approach. We build on a recursive identification scheme, but we: (i) include the feedback from government debt (ii); look at the impact on the composition of output; (iii) assess the effects o...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Sousa, Ricardo M. (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
fiscal policy
Bayesian Structural VAR
debt dynamics
Online Access:http://hdl.handle.net/10400.5/2156
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2156

Internet

http://hdl.handle.net/10400.5/2156

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