Buthelezi, Eugene Msizi - In: Economies : open access journal 11 (2023) 4, pp. 1-24
This paper investigates the effects of macroeconomic uncertainty on economic growth in the presence of fiscal consolidation in South Africa. Markov-switching dynamic regression (MSDR) and time-varying parameter vector autoregression (TVP-VAR) were performed using time series data from 1994 to...