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Publications (3)
Much of the research on the impact of fiscal policy shocks on macroeconomic outcomes (e.g., fiscal multipliers) uses reduced-form modelling approaches such as vector auto-regressions to obtain empirical results. In a recent study1, we used this approach to estimate fiscal multipliers for South...
Despite the frequent use of fiscal policy for stabilization purposes, there remains significant uncertainty regarding the impact of fiscal policy decisions on macroeconomic outcomes. This impact is quantified by calculating fiscal multipliers. A fiscal multiplier measures the impact of government’s...
‘Legal empowerment’ is defined as a process of systemic change through which the poor and excluded become able to use the law to protect and advance their rights and interests as citizens and economic actors. Since the 2000s, legal empowerment initiatives have established a widely recognized record...
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