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Christophe Schalck |
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''Effects of Fiscal Policies in Four European Countries: A Non-linear Structural VAR Approach'' |
( 2007, Vol. 5 No.22 ) |
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This paper provides new estimates of the effects of fiscal policies by using a non-linear structural VAR model. This methodology is applied to Belgium, France, Germany and Netherlands cases. Results show that reactions to a fiscal shock are different according to the regime that prevails and across countries. |
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Keywords: |
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General C2 - Single Equation Models; Single Variables: General |
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Manuscript Received : Aug 02 2007 | | Manuscript Accepted : Nov 05 2007 |
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