A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations
This paper assesses the economic implications of existing fiscal rules in Poland, Switzerland and Germany. In the analysis, we establish economic relationships between output, government revenues and expenditures, estimating a VAR model based on US data for the 1960–2015 period. We impose on these r...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Collegium of Economic Analysis, SGH Warsaw School of Economics
2022-12-01
|
Series: | Gospodarka Narodowa. The Polish Journal of Economics |
Subjects: | |
Online Access: | https://gnpje.sgh.waw.pl/A-Comparison-of-German-Swiss-and-Polish-Fiscal-Rules-Using-Monte-Carlo-Simulations,154831,0,2.html |