Fiscal Policy and Business Cycles in an Oil-Producing Economy : The Case of Venezuela

The Case of Venezuela

Fiscal Policy and Business Cycles in an Oil-Producing Economy : The Case of Venezuela
This paper analyzes the fiscal policy in Venezuela during 1991-2003, by using a number of statistical approaches to analyze trends and cycles of economic output and fiscal outcomes. The business cycle features a strong dominance of short-term cyclical components-each cycle having an average duration of about two to three years. However, the... READ MORE...

Publication date: December 2005
ISBN 9781451862560
$15.00

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