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Fiscal deficit, macro-uncertainty, and growth in Argentina

Jorge Avila ()

No 456, CEMA Working Papers: Serie Documentos de Trabajo. from Universidad del CEMA

Abstract: We analyze the relationship between fiscal deficit, macroeconomic uncertainty and growth for the period 1915-2006, and conclude that the deficit, possibly through the volatility in relative prices it generates, is a significant restriction on per-capita income growth in Argentina.

Pages: 14 pages
Date: 2011-06
New Economics Papers: this item is included in nep-lam and nep-mac
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