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dc.contributor.authorAmbaw, D.en
dc.contributor.authorKnudsen, D.en
dc.descriptionWorking paper 28.1.15en
dc.description.abstractWe 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.en
dc.description.statementofresponsibilityDessie Tarko Ambaw, Dan Knudsenen
dc.publisherDenmark Statisticsen
dc.relation.ispartofseriesStatistics Denmark Modelling Groupen
dc.rightsYou 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.en
dc.subjectFiscal reaction function; public budget; forward looking expectationen
dc.titleFormulating a fiscal reaction function for ADAMen
dc.typeWorking paperen
pubs.library.collectionAboriginal and Torres Strait Islander Education: Wilto Yerlo publicationsen
Appears in Collections:Aboriginal and Torres Strait Islander Education: Wilto Yerlo publications

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