. Due to this, Panel Auto Regression Distributed Lags (PARDL) estimation technique was utilized in this study. On the basis … Mean Group (PMG) PARDL model estimator was used in this study. The results indicate that fiscal and monetary policy … Union (SACU) member economies between 1980 and 2017. Government expenditure and revenue were used as the proxy variables for …

Union (SACU). Research Design & Methods: This study employs annual data on output, exports, imports, and a structural dummy … variable for SACU countries, namely, South Africa, Botswana, Lesotho, Namibia, and eSwatini. The study applies the … cointegration test based on the Johansen (1988) and the Johansen and Juselius (1990) approach, followed by the vector error …

observations for each nation). To achieve this, panel auto-regression distributed lags (PARDL) and pooled group mean (PGM … the effect of exchange rate movement on consumer prices in the SACU region for the period from 1990 to 2021 (31 …) estimation techniques were employed in this study. Variables used in this study include consumer price index, exchange rate …

. We find evidence of strong cross-sectional dependence in the panel, and clear support to a valid cointegration … policy and public debt. The aim of this paper is to address the challenges posed by the estimation of the discretionary … fiscal reaction function for the Euro area. We exploit recently introduced testing and estimation strategies for …