Model And Results Of A Stress Test On Public Finance – Analysis And Comparison With The Model Of The Ministry Of Finance Cover Image

Модел и резултати от прилагането на стрес тест върху публичните финанси – анализ и сравнение с модела на министерството на финансите
Model And Results Of A Stress Test On Public Finance – Analysis And Comparison With The Model Of The Ministry Of Finance

Author(s): Yuliyan Voynov
Subject(s): Economy, Business Economy / Management
Published by: Стопанска академия »Д. А. Ценов«
Keywords: public finance; output gap; cyclically-adjusted budget balance; stress test; impulse-response function

Summary/Abstract: The article presents a model for calculating the production gap to obtain the cyclically-adjusted budget balance (CAB), which is then used to conduct a stress test with the production gap values to track the reaction of CAB in terms of the Impulse-Response Function in EViews.

  • Issue Year: 2023
  • Issue No: 2
  • Page Range: 12-33
  • Page Count: 22
  • Language: Bulgarian