Model And Results Of A Stress Test On Public Finance - Analysis And Comparison With The Model Of The Ministry Of Finance
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Изглед/ Отваряне
Дата
2023Автор
Voynov, Julian
Резюме
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.