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The Effects of Oil Price Shocks on Discretionary Fiscal Policy in Selected OPEC Countries: Panel Structural Vector Autoregressive

Marzieh Dindar Rostami; Shamsollah Shirinbakhsh; Zahra Afshari

Volume 8, Issue 1 , March 2019, , Pages 7-25

https://doi.org/10.22099/ijes.2018.30257.1470

Abstract
  The present study was aimed to investigate the effects of oil price shocks on discretionary fiscal policies in selected OPEC countries during 1980-2015. In this regard, the heterogeneous dynamic reaction to structural shock was examined using Panel Structural Vector Autoregressive (PSVAR) technique. ...  Read More