This paper investigates the link between fiscal policy shocks and movements in asset markets using a Fully Simultaneous … explicitly consider the government debt dynamics when assessing the macroeconomic effects of fiscal policy and its impact on … asset markets. In addition, the results from a VAR counter-factual exercise suggest that: (i) fiscal policy shocks play a …

We investigate the macroeconomic effects of fiscal policy using a Bayesian Structural Vector Autoregression approach … exchange rate; (v) assess potential interactions between fiscal and monetary policy; (vi) use quarterly data, particularly …, fiscal data; and (vii) analyze empirical evidence from the U.S., the U.K., Germany, and Italy. The results show that …