Model And Results Of A Stress Test On Public Finance - Analysis And Comparison With The Model Of The Ministry Of Finance
Model And Results Of A Stress Test On Public Finance - Analysis And Comparison With The Model Of The Ministry Of Finance
Author(s): Yuliyan VoynovSubject(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.
Journal: Народностопански архив
- Issue Year: 2023
- Issue No: 2
- Page Range: 11-30
- Page Count: 20
- Language: English