FISCAL AND MONETARY POLICIES IN LATIN AMERICAN COUNTRIES: A VAR PANEL APPROACH

Authors

  • Leandro Batista Duarte
  • Raphael de Jesus Santos
  • João Vitor dos Santos Sobrinho
  • Maria Orlandia de Melo Belmiro
  • Geovane dos Reis Dantas
  • Paloma Fernandes Freitas
  • Jamile da Silva Teixeira Goes de Jesus
  • Carlos Adrian Gomes de Oliveira
  • Álefe Sampaio Santiago
  • Milena Andrade Déo
  • Edrei Santos de Lima
  • Valéria Caroline Batista Santana

DOI:

https://doi.org/10.56238/sevened2026.015-020

Keywords:

Monetary Policy, Fiscal Policy, PVAR

Abstract

This article aims to evaluate the macroeconomic impact of fiscal policy and monetary policy shocks for Latin American countries, using the Vector Panel Auto-Regression (PVAR) model as methodology. In addition to trying to capture the effects of policies with a more complete model composed of 16 countries, the article also sought to present new results from a sub-sample as a form of robustness, controlling periods of instability, such as economic and financial crises and controlling by exchange rate regime floating.

Published

2026-04-27

How to Cite

Duarte, L. B., Santos, R. de J., dos Santos Sobrinho, J. V., Belmiro, M. O. de M., Dantas, G. dos R., Freitas, P. F., de Jesus, J. da S. T. G., de Oliveira, C. A. G., Santiago, Álefe S., Déo, M. A., de Lima, E. S., & Santana, V. C. B. (2026). FISCAL AND MONETARY POLICIES IN LATIN AMERICAN COUNTRIES: A VAR PANEL APPROACH. Seven Editora, 323-340. https://doi.org/10.56238/sevened2026.015-020