A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations

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...

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Bibliographic Details
Main Authors: Adam Pigoń, Michał Ramsza
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:
fiscal policy
fiscal rules
Online Access:https://gnpje.sgh.waw.pl/A-Comparison-of-German-Swiss-and-Polish-Fiscal-Rules-Using-Monte-Carlo-Simulations,154831,0,2.html

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