Optimal Fiscal Adjustment under Uncertainty /

The paper offers a non-probabilistic framework for representation of uncertainty in the context of a simple linear-quadratic model of fiscal adjustment. Instead of treating model disturbances as random variables with known probability distributions, it is only assumed that they belong to some pre-sp...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Rozenov, Rossen
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2016.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2016/069
ऑनलाइन पहुंच:Full text available on IMF