Please use this identifier to cite or link to this item:
Type: Working paper
Title: Formulating a fiscal reaction function for ADAM
Author: Ambaw, D.
Knudsen, D.
Publisher: Denmark Statistics
Issue Date: 2015
Series/Report no.: Statistics Denmark Modelling Group
Statement of
Dessie Tarko Ambaw, Dan Knudsen
Abstract: We attempt to clarify the formation of interest income and examine the role of a fiscal reaction function in ADAM in keeping the public debt from exploding when there is 1% increase in the public purchase of goods and services and the VAT rate. The paper briefly demonstrates the effectiveness of the proposed fiscal rule in stabilizing the public budget.
Keywords: Fiscal reaction function; public budget; forward looking expectation
Description: Working paper 28.1.15
Rights: You are free to re-use and reproduce contents from and This includes even commercial use. You should, however, always include a source accreditation to Statistics Denmark.
RMID: 0030110553
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Appears in Collections:Aboriginal and Torres Strait Islander Education: Wilto Yerlo publications

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