Sachdeva, P., Ahamd, W. and Bhanumurthy, N.R.
On the dynamics of time: Varying fiscal multipliers
- Economic & Political Weekly
- 57(45), Oct, 29, 2022: p.26-29
The dynamic transmission and the effectiveness of the Indian public expenditure shock are analysed. The article uses a time-varying parameter vector autoregressive model with stochastic volatility to compute the time-varying Indian public expenditure multiplier and employ Bayesian regression consequently to examine its determinants. – Reproduced