Jooste, Charl; Liu, Guangling; Naraidoo, Ruthira - In: Economic Modelling 32 (2013) C, pp. 215-224
This paper is the first one to analyse the effect of aggregate government spending and taxes on output for South Africa using three types of a calibrated DSGE model and more data driven models such as a structural vector error correction model (SVECM) and a time-varying parameter VAR (TVP-VAR)...