Formulating a fiscal reaction function for ADAM
| dc.contributor.author | Ambaw, D. | en |
| dc.contributor.author | Knudsen, D. | en |
| dc.date.issued | 2015 | en |
| dc.description | Working paper 28.1.15 | en |
| dc.description.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. | en |
| dc.description.statementofresponsibility | Dessie Tarko Ambaw, Dan Knudsen | en |
| dc.identifier.uri | http://hdl.handle.net/2440/118169 | |
| dc.language.iso | en | en |
| dc.publisher | Denmark Statistics | en |
| dc.relation.ispartofseries | Statistics Denmark Modelling Group | en |
| dc.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. | en |
| dc.source.uri | https://www.dst.dk/da/Statistik/ADAM/Dokumentation/Oversigt# | en |
| dc.subject | Fiscal reaction function; public budget; forward looking expectation | en |
| dc.title | Formulating a fiscal reaction function for ADAM | en |
| dc.type | Working paper | en |
| pubs.publication-status | Published | en |
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