Fiscal Foresight and Information Flows /

News - or foresight - about future economic fundamentals can create rational expectations equilibria with non-fundamental representations that pose substantial challenges to econometric efforts to recover the structural shocks to which economic agents react. Using tax policies as a leading example o...

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Bibliografiske detaljer
Hovedforfatter: Walker, Todd
Andre forfattere: Leeper, Eric, Yang, Susan
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/153
Online adgang:Full text available on IMF