Search

Showing total 1 results

Refine your results

1 results

1. INCERTIDUMBRE, GOBERNABILIDAD Y CRECIMIENTO ECONÓMICO. VENEZUELA 1968-2010.

Author

Peña Parra, Carlos José

Subjects
*ECONOMIC development, *MACROECONOMICS, *FISCAL policy, *MARKET volatility, *ECONOMIC policy, VENEZUELAN economy, 1958-
Abstract

This paper examines the relationship between macroeconomic uncertainty, fiscal governance and economic growth in Venezuela from 1968 to 2010. There is feedback between fiscal volatility and uncertainty, but the latter may be the result of weak governance, particularly volatile fiscal policy. Fiscal volatility affects fiscal outcomes, especially when fiscal policy is discretionary. A VAR model is used to examine these results. [ABSTRACT FROM AUTHOR]

Published
2013