Impact of Fiscal Policy Shocks on the Indian Economy Swati Yadav , V.Upadhyay , Seema Sharma Abstract In this paper, we analyse the impact of fiscal shocks on the Indian economy using structural vector autoregression (SVAR) methodology. The study uses quarterly data for the period 1997Q1 to...

In this article, we analyse the impact of fiscal shocks on the Indian economy using structural vector auto-regression (SVAR) methodology. The study uses quarterly data for the period 1997Q1–2009Q2. Two different identification schemes have been used to assess the effects of shocks on...