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Orientation of the Fiscal Policy in Tunisia: Structural VAR Analysis

Wissem Khanfir

Romanian Economic Journal, 2017, vol. 20, issue 64, 61-74

Abstract: The objective of this paper is to indicate the orientation of fiscal policy in Tunisia, using the structural budget balance, during the period 1972-2014. For this purpose, we estimate a structural VAR model consisting of the fiscal deficit to current GDP ratio and the volume of economic activity represented by the real GDP. We estimate bivariate structural VAR in order to decompose fiscal deficit fluctuations into different disturbances.

Keywords: Fiscal Policy; Structural budget balance; structural VAR; Tunisia (search for similar items in EconPapers)
JEL-codes: C32 E62 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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