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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Dettagli Bibliografici
Autore principale: Celasun, Oya
Altri autori: Kang, Joong
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/182
Accesso online:Full text available on IMF