Is fiscal policy effective? Evidence for an emerging economy: Chile 1833-2000

This paper studies the impact of fiscal policy on economic activity by using Chilean annual data from 1833 to 2000. The data allows us to disentangle the impacts on economic activity -- due to the large variation in fiscal policy in the period under study -- by using a SVAR methodology. The study finds evidence of non Keynesian impacts of fiscal policy.

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Year of publication:	2006
Authors:	Cerda, Rodrigo ; Gonzalez, Hermann ; Lagos, Luis Felipe
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 13.2006, 9, p. 575-580
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005468097