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Fiscal Policy and Adjustment in a Foreign Exchange Constrained Economy: Evidence from Malawi

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  • Amos C. Peters
  • Bertha C. Bangara

Abstract

Most of the recent literature analysing the adjustments of macroeconomic variables to fiscal policy shocks rely on the inclusion of non-Ricardian households to generate a positive response of consumption to an increase in government spending. This paper examines the dynamic effects of government financing behaviour in a foreign exchange constrained low income economy on key […]

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  • Amos C. Peters & Bertha C. Bangara, 2019. "Fiscal Policy and Adjustment in a Foreign Exchange Constrained Economy: Evidence from Malawi," Working Papers 188, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:188
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    Cited by:

    1. Mohammed Shuaibu & Mutiu Abimbola Oyinlola, 2017. "An Empirical Analysis of Nigeria’s Current Account Sustainability," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 11(1), pages 54-76, February.

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