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What is MPRA Paper 34071 about?

This paper analyzes the impact of fiscal policy shocks on the Indian economy using structural vector autoregression (SVAR) methodology from 1997Q1 to 2009Q2. The findings indicate that tax shocks have a more significant effect on GDP and private consumption compared to government spending shocks, aligning with Keynesian predictions in the short run, while the long-term responses are mixed. The study contributes to the understanding of fiscal policy effectiveness in emerging economies like India amidst ongoi

Author

08hk1975

Language

EN