Showing 1 - 10 of 101,101
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This paper analyzes the link between public investment, economic growth and debt sustainability in Sierra Leone using an inter-temporal macroeconomic model. In the model, public capital improves the productive capacity of private capital, generating positive medium and long term effects to...
Persistent link: https://www.econbiz.de/10013016585
This Fiscal and Debt Sustainability Note, the first module of a programmatic multisectoral Public Expenditure Review (PER), reviews the recent macro-fiscal challenges, analyzes their causes and consequences and provide policy options for enhancing the conduct of fiscal and PFM policies in the...
Persistent link: https://www.econbiz.de/10012603647
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The aims of this paper are as follows: To examine the dynamic effects of discretionary fiscal policy shocks on key macroeconomic variables in Sierra Leone. Also, to empirically investigate which fiscal policy tool is most efficient for short-run macroeconomic stabilization in Sierra Leone. These...
Persistent link: https://www.econbiz.de/10013291157
The aim of this paper is to empirically investigates whether Sierra Leone fiscal policy is sustainable. In this regard, I employ different econometric methodologies used in the empirical literature to investigates the sustainability of fiscal policy. The empirical findings that emerged from this...
Persistent link: https://www.econbiz.de/10013292966
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This study delves into the repercussions of fiscal policies, particularly those marked by high expenditure financed by monetary means, on key macroeconomic indicators in Sierra Leone. Employing a Dynamic Stochastic General Equilibrium (DSGE) model, the analysis illuminates how shocks in one...
Persistent link: https://www.econbiz.de/10014513766
This paper empirically investigates whether the budget imbalances in Sierra Leone over the review period is consistent with optimal tax policy. The procedure involves testing if tax smoothing hypothesis hold for Sierra Leone. In this regard, three different empirical approaches were performed....
Persistent link: https://www.econbiz.de/10013298232