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...

全面介绍

书目详细资料
主要作者: Rozenov, Rossen
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
丛编:IMF Working Papers; Working Paper ; No. 2016/069
在线阅读:Full text available on IMF