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Is fiscal policy effective? Evidence for an emerging economy: Chile 1833-2000

  • Rodrigo Cerda
  • Hermann Gonzalez
  • Luis Felipe Lagos

This paper studies the impact of fiscal policy on economic activity by using Chilean annual data from 1833 to 2000. The data allows us to disentangle the impacts on economic activity -- due to the large variation in fiscal policy in the period under study -- by using a SVAR methodology. The study finds evidence of non Keynesian impacts of fiscal policy.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850500400686&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 13 (2006)
Issue (Month): 9 ()
Pages: 575-580

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Handle: RePEc:taf:apeclt:v:13:y:2006:i:9:p:575-580
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  1. José Jofre & Rolf Lüders & Gert Wagner, . "Economía Chilena 1810-1995. Cuentas Fiscales," Documentos de Trabajo 188, Instituto de Economia. Pontificia Universidad Católica de Chile..
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