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Estimating prudent budgetary margins for EU countries : a simulated SVAR model approach
Dalsgaard, Thomas
;
De Serres, Alain
- In:
OECD journal: economic studies
(
2000
)
1
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pp. 115-147
Persistent link: https://www.econbiz.de/10001457593
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ESTIMATING PRUDENT BUDGETARY MARGINS FOR EU COUNTRIES: A SIMULATED SVAR MODEL APPROACH - This paper estimates the levels of government budget balances in 11 EU countries that would prevent the deficit from exceeding the 3 per cent of GDP limit stipulated by the Stability and Growth Pact. A structural VAR model is estimated for each country in order to assess the effect on the government deficit ...
Dalsgaard, Thomas
;
Serres, Alain de
- In:
OECD journal: economic studies
(
2000
)
30
,
pp. 115-148
Persistent link: https://www.econbiz.de/10007509237
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