Abstract
It is too much obvious that the Peruvian economy has suffered an erratic evolution. This article stresses the hypothesis that when external shocks occur, they have important effects on the economy and on its public sector. In order to test that hypothesis, the author uses a short term macroeconomic model that takes into account the public sector role and its fiscal policy. Then, the goal of this paper is to provide empirical evidence through the estimation of the external shocks effects and through the estimation of the government alternative responses to alleviate the perverse effects.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
