Indicators and Tests of Fiscal Policy Sustainability Год выпуска: 2010Автор: Matteo FormentiИздательство: LAP Lambert Academic PublishingСтраниц: 64ISBN: 9783843381505Описание The issue of sustainability of Italian fiscal policy in the period 1970-2006 is studied with two instruments: indicators and tests. The indicators Primary Gap, Tax Gap developed by Chouraqui et al. (1990) and S2 by the European Commission show a non- sustainable fiscal policy. Tests of sustainability following Trehan and Walsh (1988), Hakkio and Rush (1991) and Bohn (2008) show an opposite result accepting the sustainability path of fiscal variables. According to the strategy proposed by De Luzenberger and Marini (1993) a Chow-type test, that confirms a systematic change of fiscal policy in 1992-1993, permits to discern the two conflicting results in favor of the indicators'' response.
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Ирина, 16.12 Марина Михайловна, хочу выразить вам огромную благодарность за дипломную работу. Моему профессору она очень понравилась, принял ее почти в таком виде как вы написали, с незначительным редактированием содержания, которое я сделала сама.
