Macroeconomic Policy and Economic Performance

This project conducts a comprehensive examination of the institutional framework, implementation strategies, and outcomes of macroeconomic policy measures. With a focus on fiscal policy, our analysis centers on assessing debt sustainability, fiscal policy rules, and the impact of public expenditure on economic performance. Within the realm of monetary policy, our investigation examines the evolution of institutional frameworks across different central banks, and the effects of adopting inflation-targeting strategies. Finally, in the domain of macroprudential policy, we explore the efficacy of macroprudential measures in mitigating credit procyclicality.
The study is geographically broad, encompassing Mexico, the Eurozone, and the Latin American region, facilitating a comparative analysis across diverse economic contexts. Employing a methodological approach grounded in econometric techniques tailored for time series and panel data, our research aims to yield insights into the effectiveness and implications of macroeconomic policy interventions. By shedding light on the experiences and outcomes across different regions, this study contributes to a deeper understanding of macroeconomic policy dynamics and offers valuable guidance for policymakers and practitioners navigating complex economic environments.