This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in the responses of the CFA franc zones and the non-CFA franc zone countries to macroeconomic shocks. Based on the Blanchard-Quah methodology, we iden...

Resumo Estimamos um VAR estrutural (SVAR) baseado em Blanchard e Perotti (2002) com dados atualizados do governo central de Gobetti Orair (2017) para estimar multiplicadores fiscais. O resultado sugere multiplicador maior na amostra completa (1997-2018) relação à pré-crise (até 2014) benefícios sociais investimentos públicos. Nosso primeiro exercício avalia a reorientação da política fiscal os ...

I show that the Zero Lower Bound (ZLB) on interest rates can be used to identify causal effects of monetary policy. Identification depends extent which ZLB limits efficacy propose a simple way test unconventional policies, modelled via `shadow rate'. apply this method U.S. policy using three-equation SVAR model inflation, unemployment and federal funds rate. reject null hypothesis has no effect...

This study analyzes the effects of foreign direct investments (FDI) on macroeconomic dynamics Turkish economy through Structural Vector Autoregressive (SVAR) model. The results obtained, by economic theory, reveal positive FDI growth and domestic investment volume. also confirm assumption theory that are complementary. It is understood put some pressure prices to increase, but it balanced decis...