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...
Autor principal: | |
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2012.
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coleção: | IMF Working Papers; Working Paper ;
No. 2012/153 |
Acesso em linha: | Full text available on IMF |