Adelaide Research & Scholarship
Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/118169
| 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 Responsibility: | 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 dst.dk and statbank.dk. This includes even commercial use. You should, however, always include a source accreditation to Statistics Denmark. |
| Published version: | https://www.dst.dk/da/Statistik/ADAM/Dokumentation/Oversigt# |
| Appears in Collections: | Aboriginal and Torres Strait Islander Education: Wilto Yerlo publications Aurora harvest 7 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| hdl_118169.pdf | Published version | 155.35 kB | Adobe PDF | View/Open |
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