Effects of Multilateral Surveillance Criteria on the Pro-cyclicality of Fiscal Policy in Economic and Monetary Community of Central Africa
Guy Noël Piam Simo *
University of Dschang, Cameroon.
*Author to whom correspondence should be addressed.
Abstract
The objective of this article is to study the effect of multilateral surveillance criteria on the cyclical behavior of fiscal policy in CEMAC. Using a linear regression model and estimated by fixed-effect ordinary double least squares on panel data from 1992 to 2012, we find that the surveillance criteria adopted in 2001 increased the pro-cyclicality of fiscal policy.
Keywords: Fiscal policy, pro-cyclicality, multilatéral surveillance criteria, CEMAC.
How to Cite
Simo, Guy Noël Piam. 2021. “Effects of Multilateral Surveillance Criteria on the Pro-Cyclicality of Fiscal Policy in Economic and Monetary Community of Central Africa”. South Asian Journal of Social Studies and Economics 9 (3):30-37. https://doi.org/10.9734/sajsse/2021/v9i330243.
Downloads
Download data is not yet available.