On the Properties of Various Estimators for Fiscal Reaction Functions /

This paper evaluates the bias of the least-squares-with-dummy-variables (LSDV) method in fiscal reaction function estimations. A growing number of studies estimate fiscal policy reaction functions-that is, relationships between the primary fiscal balance and its determinants, including public debt a...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Celasun, Oya
Weitere Verfasser: Kang, Joong
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2006.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2006/182
Online Zugang:Full text available on IMF