This paper analyses in a VAR framework with debt feedback effects of fiscal policy over 1999q1-2013q4 in five Central and East European economies: Slovakia, Czech republic, Hungary, Slovenia and Lithuania. The results are compared to two alternative specifications, a model without debt feedback, and a model with debt within the linear VAR. Omitting the debt feedback would affect the magnitude and sign of the impulse response coefficients, especially those of GDP, government revenue and interest rate. Simulated out-of-sample debt paths are stabilised if debt feedback is included, but strongly explosive otherwise
We estimate various panel fiscal reaction functions, including those of the main categories of gener...
The aim of this paper is to improve on the methodology set in previous attempts to estimate the impa...
In this book we aim to measure fiscal policy in the Euro Area by using structural VAR (Vector Autor...
This paper analyses in a VAR framework with debt feedback effects of fiscal policy over 1999q1-2013q...
EU member countries are currently exposed to negative implications of the economic and financial cri...
This paper analyzes the effects of macroeconomic shocks on the government debt dynamics in an open e...
The aim of this paper is to shed some light on the degree of sustainability of fiscal debt for a gro...
The recent global financial crisis has had a diverse effect on countries’ fiscal stance, especially ...
The real output deterioration, high fiscal deficits and increased sovereign debt burden represents k...
The real output deterioration, high fiscal deficits and increased sovereign debt burden represents k...
The global financial crisis and its ramification into the fiscal area have demonstrated the importan...
This paper discusses the public finances of the 10 new EU Countries from Central and Eastern Europe,...
European Union member countries are currently exposed to negative implications of the economic and d...
This paper analyses the time series properties of the fiscal balance in the 10 EU countries from Cen...
We study the dynamics of U.S. public debt in a parsimonious VAR. We find that including debt feedbac...
We estimate various panel fiscal reaction functions, including those of the main categories of gener...
The aim of this paper is to improve on the methodology set in previous attempts to estimate the impa...
In this book we aim to measure fiscal policy in the Euro Area by using structural VAR (Vector Autor...
This paper analyses in a VAR framework with debt feedback effects of fiscal policy over 1999q1-2013q...
EU member countries are currently exposed to negative implications of the economic and financial cri...
This paper analyzes the effects of macroeconomic shocks on the government debt dynamics in an open e...
The aim of this paper is to shed some light on the degree of sustainability of fiscal debt for a gro...
The recent global financial crisis has had a diverse effect on countries’ fiscal stance, especially ...
The real output deterioration, high fiscal deficits and increased sovereign debt burden represents k...
The real output deterioration, high fiscal deficits and increased sovereign debt burden represents k...
The global financial crisis and its ramification into the fiscal area have demonstrated the importan...
This paper discusses the public finances of the 10 new EU Countries from Central and Eastern Europe,...
European Union member countries are currently exposed to negative implications of the economic and d...
This paper analyses the time series properties of the fiscal balance in the 10 EU countries from Cen...
We study the dynamics of U.S. public debt in a parsimonious VAR. We find that including debt feedbac...
We estimate various panel fiscal reaction functions, including those of the main categories of gener...
The aim of this paper is to improve on the methodology set in previous attempts to estimate the impa...
In this book we aim to measure fiscal policy in the Euro Area by using structural VAR (Vector Autor...
_in_2014.svg%3Fwidth%3D300&w=3840&q=75)
Add to ORKG