The dynamic effects of fiscal policy : a FAVAR approach

We implement a recently developed econometric model, the Factor Augmented VAR (FAVAR), to investigate the dynamic effects of government spending on key macroeconomic variables. In line with existing literature, we find that a government spending shock has positive effects on consumption and output....

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Bibliographic details
Main Author: Roulleau-Pasdeloup, Jordan
Format: Dissertation
Language: English
Place of publication: HAL CCSD 05.07.2011
Data of publication: 2011-07-05
Bibliography: Statistical Finance [q-fin.ST]. 2011
Online Access: available in Bonn?
Database: Dumas (Dépôt Universitaire de Mémoires Après Soutenance)
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