Estimating Prudent Budgetary Margins for 11 EU Countries A Simulated SVAR Model Approach
In this paper, a structural VAR model is estimated for 11 EU countries in order to assess the effect on the government deficit ratio of four independent economic disturbances: supply, fiscal, real private demand and monetary shocks. Based on the estimated distribution of these shocks, stochastic sim...
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Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
1999.
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Series: | OECD Economics Department Working Papers,
no.216. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706063306719 |