Zungu, Lindokuhle Talent; Makhoba, Bongumusa P.; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-16
This study analyses the impact of fiscal policy on the South African economy during the period 1972Q1-2020Q2. The study adopted quarterly time series data to estimate a Bayesian Vector Autoregression (BVAR) model with the selection of hierarchical priors. The variables employed for empirical...