Mostrar el registro sencillo del ítem

dc.contributor.advisor Dr. Arturo Antón Sarabia
dc.creator Puertas Vilchis, Carlos
dc.date.issued 2018
dc.identifier 161190.pdf
dc.identifier.uri http://hdl.handle.net/11651/2578
dc.description.abstract This dissertation investigates the macroeconomic effects of government spending shocks in Mexico for the period 1993-2017. Its objective is to elucidate whether macroeconomic variables behave in a Keynesian or Ricardian fashion after a fiscal stimulus. Through a structural vector autoregression (SVAR) framework, impulse response functions of output, consumption, the trade balance and the real exchange rate are built. Furthermore, following the methodology proposed by Ravn, Schmitt-Grohé, and Uribe (2012), the empirical observations are replicated through a dynamic stochastic general equilibrium (DGSE) model based on the deep habit mechanism. Both the empirical and the theoretical approach complement each other to analyse the macroeconomic effects of fiscal stimulus. Results show that a one-percent increase in government spending slightly raises output and private consumption contemporaneously. The trade balance and the real exchange rate, on the other hand, remain unchanged. In light of these results, macroeconomic variables in Mexico seem to behave in a Ricardian fashion after a shock to public spending.
dc.format application/PDF
dc.language.iso eng
dc.publisher El Autor
dc.subject.lcsh Capital productivity -- Effect of appropriations and expenditures on -- Mexico -- 1993-2017 -- Econometric models.
dc.subject.lcsh Consumption (Economics) -- Effect of appropriations and expenditures on -- Mexico -- 1993-2017 -- Econometric models.
dc.subject.lcsh Balance of trade -- Effect of appropriations and expenditures on -- Mexico -- 1993-2017 -- Econometric models.
dc.title Keynesian or Ricardian?: effects of government spending shocks: the case of Mexico
dc.type Tesis de licenciatura
dc.accessrights Acceso restringido
dc.recordIdentifier 000161190
thesis.degree.grantor Centro de Investigación y Docencia Económicas
thesis.degree.name Licenciatura en Economía


Ficheros en el ítem

Este ítem aparece en la(s) siguiente(s) colección(es)

Mostrar el registro sencillo del ítem

Busqueda básica en Repositorio CIDE


Listar

Mi cuenta