The Analysis of Fiscal Policy Shocks’ Transmission in Morocco
Kamal Lahlou, Hicham Badi
Abstract
Kamal Lahlou, Hicham Badi
Abstract
The objective of this paper is to analyze the impact of fiscal shocks on economic activity in Morocco. Thus, a first section focuses on a brief presentation of the theoretical debates around the question of the effectiveness of fiscal policy. Subsequently, few empirical studies whose concerns are similar to this study are demonstrated shown. Finally, the results of SVAR model concludes that a positive impact of an expansionary fiscal policy on growth and household consumption in Morocco.
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The objective of this paper is to analyze the impact of fiscal shocks on economic activity in Morocco. Thus, a first section focuses on a brief presentation of the theoretical debates around the question of the effectiveness of fiscal policy. Subsequently, few empirical studies whose concerns are similar to this study are demonstrated shown. Finally, the results of SVAR model concludes that a positive impact of an expansionary fiscal policy on growth and household consumption in Morocco.
Key concepts: Fiscal policy, Economics, Macroeconomics, Consumption (sociology), Section (typography), Presentation (obstetrics), Fiscal union, Monetary economics