Series: IMF Working Papers
Author(s): Francis Kumah , and John Matovu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2005
Keywords: structural VAR, pro-cyclical fiscal policy, expenditure, fiscal performance, expenditures, fiscal aggregates, Econometric Modeling: General, General Outlook and Conditions, Strucral VAR,
Unanticipated changes in commodity prices can generate significant movements in fiscal aggregates. This paper seeks to understand the dynamics of these fiscal movements in the context of transitory commodity price...