Afonso, António (contributor); Claeys, Peter (contributor) - 2007
finances that contribute to explaining the current stance of fiscal policy. The disaggregate analysis of fiscal policy in an … SVAR that mixes long and short-term constraints allows us to look into the transmission channels of fiscal policy and to … economic indicator of
fiscal policy 11
3.3 Methodology 13
3.4 Gauging the fiscal indicator 16
4 Empirical analysis 19
4 …