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Fiscal multiplier

Publication

Fiscal stimulus in a global zero lower bound environment

Fernando Garcia-Barragan and Guangling Liu
This paper investigates the effect of fiscal stimulus from an emerging market economy perspective. The model captures the signicant decline in China's net exports and remarkable quantity of resources that the Chinese government invested into the economy through state-owned enterprises in the...
Aug 2018
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Publication

Analysing the Effects of Fiscal Policy Shocks in the South African Economy

Charl Jooste, Guangling (Dave) Liu and Ruthira Naraidoo
This paper is the first one to analyse the effect of aggregate government spending and taxes on output for South Africa using three types of a calibrated DSGE model and more data driven models such as a structural vector error correction model (SVECM) and a time-varying parameter VAR (TVP-VAR) to...
May 2013
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