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...
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2006.
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Colección: | IMF Working Papers; Working Paper ;
No. 2006/182 |
Acceso en línea: | Full text available on IMF |