The Dynamic Effects of Countercyclical Fiscal Stimulus on Output in Tunisia

The Dynamic Effects of Countercyclical Fiscal Stimulus on Output in Tunisia

With the global financial crisis hitting many countries, policymakers around the world have been weighing different countercyclical policies to support aggregate demand and restore growth. The analysis in this paper estimates a Structural Vector Er...

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Bibliographic Details
Main Authors: Diop, Ndiame, Ben Abdallah, Nizar
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCELERATOR
AFFILIATED ORGANIZATIONS
AGGREGATE DEMAND
BALANCE OF PAYMENT
BANK POLICY
BANKING SYSTEM
BUDGET CONSTRAINT
BUDGET DEFICIT
BUSINESS CYCLE
BUSINESS CYCLES
CAPITAL ACCUMULATION
CAPITAL FORMATION
CENTRAL BANK
COMMODITY
COMMODITY PRICE
COMPARATIVE ADVANTAGE
CREDIT GUARANTEES
CREDIT MARKETS
CREDITORS
CURRENT ACCOUNT DEFICIT
DEBT MANAGEMENT
DEBT REDUCTION
DEBT STOCK
DEFLATORS
DEMAND FOR MONEY
DEPOSIT
DEVELOPING COUNTRIES
DOMESTIC BORROWING
ECONOMETRICS
ECONOMIC OUTLOOK
ECONOMIC PERFORMANCE
ECONOMIC THEORY
EMERGING ECONOMIES
EQUIPMENT
EQUIPMENTS
EXCESS LIQUIDITY
EXCHANGE RATE
EXISTING INFRASTRUCTURE
EXPORT GROWTH
EXPORTS
EXPOSURE
EXTERNAL BORROWING
EXTERNAL DEBT
FINANCIAL CRISIS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL SECTOR
FISCAL DEFICIT
FISCAL DEFICITS
FISCAL POLICIES
FISCAL POLICY
FISCAL RULE
FISCAL STIMULUS
FIXED CAPITAL
FIXED INTEREST
FIXED INTEREST RATES
FUTURE GROWTH
GDP
GDP DEFLATOR
GOVERNMENT BUDGET
GOVERNMENT REVENUES
GOVERNMENT SPENDING
GROSS FIXED CAPITAL FORMATION
GROWTH RATE
HUMAN CAPITAL
INFLATION
INFLATION RATE
INFRASTRUCTURE INVESTMENTS
INSTITUTIONAL CONSTRAINTS
INSTRUMENT
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE RISK
INTERNATIONAL BANK
INTERNATIONAL ECONOMIES
INTERNATIONAL MONETARY FUND
INVESTMENT BUDGETS
LONG-TERM LIABILITIES
MACROECONOMIC VARIABLES
MACROECONOMICS
MARGINAL PRODUCTIVITY
MARKET CONSTRAINTS
MATURITY
MAXIMUM LIKELIHOOD ESTIMATION
MONETARY FUND
MONETARY POLICY
MONETARY TRANSMISSION
MULTIPLIERS
NEGATIVE SHOCK
NOMINAL INTEREST RATE
OUTPUT
OUTSTANDING PUBLIC DEBT
PRIVATE INVESTMENT
PRIVATE SAVINGS
PRODUCTION COSTS
PROFITABILITY
PUBLIC CAPITAL
PUBLIC CONSUMPTION
PUBLIC DEBT
PUBLIC INVESTMENT
PUBLIC POLICY
PUBLIC SECTOR
PUBLIC SPENDING
RATE OF INFLATION
REAL GDP
REAL INTEREST
REAL INTEREST RATES
REAL TERMS
RECURRENT EXPENDITURE
RECURRENT EXPENDITURES
RESERVES
SHORT-TERM INTEREST RATE
SHORT-TERM LIABILITIES
SOCIAL SECURITY
SOCIAL SECURITY CONTRIBUTIONS
SOVEREIGN RATING
STATISTICAL ANALYSIS
STOCK MARKET
TAX
TAX REVENUE
TAX REVENUES
WAGES
WORLD DEVELOPMENT INDICATORS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091021163608
http://hdl.handle.net/10986/4279

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091021163608
http://hdl.handle.net/10986/4279

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