Economic Uncertainty and its Effects in Bolivia
نویسندگان
چکیده
The paper's primary finding reveals that there are three factors related to the level of Bolivian economic uncertainty. These were interpreted as: i) uncertainty expectations; ii) monetary and exchange rate policy; iii) political social contribution each factor was found account for approximately one-third total uncertainty; however, due incidence searches, in policy showed greater contemporaneous synchronization with general by using multivariate techniques monthly period from January 2004 December 2020. estimated index captured negative variations during times boom growth, it reflected positive slowdown, low commodity prices, persistent fiscal external deficits, as well drops net international reserves. Finally, estimating a structural VAR model (SVAR), direct relationship between global (external) domestic (internal) uncertainty, which slows national activity -0.65%, retarding growth.
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ژورنال
عنوان ژورنال: Asian Economic and Financial Review
سال: 2022
ISSN: ['2222-6737', '2305-2147']
DOI: https://doi.org/10.55493/5002.v12i9.4607