Caporale, Guglielmo Maria; Ciferri, Davide; Girardi, … - In: Journal of International Money and Finance 30 (2011) 5, pp. 709-723
This paper analyses the effects of fiscal shocks in selected Latin American countries using a two-country model for output, labour input, government spending and relative prices. Dynamic simulation techniques are then applied, in particular to shed light on the possible effects of fiscal...