Showing 61 - 67 of 67
Persistent link: https://www.econbiz.de/10013424008
Persistent link: https://www.econbiz.de/10013424624
Persistent link: https://www.econbiz.de/10013424689
We employ Markov-switching regression methods to estimate fiscal policy feedback rules in the U.S. for the period 1960-2002. Our approach allows to capture policy regime changes endogenously. We reach three main conclusions. First, fiscal policy may be characterized, according to Leeper (1991)...
Persistent link: https://www.econbiz.de/10014066921
Persistent link: https://www.econbiz.de/10014479253
Persistent link: https://www.econbiz.de/10014443640
Persistent link: https://www.econbiz.de/10013437266