Assessing Fiscal Sustainability in Ukraine: TVP and VAR/VEC Approaches
نویسندگان
چکیده
منابع مشابه
Assessing New Approaches to Fiscal Sustainability Analysis∗
The term fiscal sustainability has many definitions, though it almost always refers to the fiscal policies of a government or the public sector. One concept of sustainability relates to solvency, the ability of the government to service its debt obligations in perpetuity without explicit default. Rarely does fiscal sustainability analysis reach the conclusion that a government is insolvent unle...
متن کاملFiscal Sustainability in Iran: Assessing the Period of 1342- 1380
Budget deficit constitutes a major fiscal indicator. It has major important ramification on macro-economic position of all nations. In developing countries generally, and in Iran specifically, governments are likely to spend more on miscellaneous as well as differentiated obligations causing high expenditure costs with respect to their limited revenues. This causes a budget deficit to incur. Th...
متن کاملAssessing the Iranian Fiscal Sustainability in Past and Future through Tax Side of the Economy
This paper, I have focused on the tax side of the fiscal policy to investigate the past and future behavior of fiscal sustainability in Iran. To do so, I have employed two different forward-looking and backward-looking approaches. First, the backward-looking approach is the fiscal policy rule proposed by Daving & Leeper (2011). Precisely, this rule determines that whether the fiscal policy is ...
متن کاملfiscal sustainability in iran: assessing the period of 1342- 1380
budget deficit constitutes a major fiscal indicator. it has major important ramification on macro-economic position of all nations. in developing countries generally, and in iran specifically, governments are likely to spend more on miscellaneous as well as differentiated obligations causing high expenditure costs with respect to their limited revenues. this causes a budget deficit to incur. th...
متن کامل1 Fiscal Flows , Fiscal Balance , and Fiscal Sustainability Richard
The search for “fiscal indicators” to provide a short-hand (and preferably quantitative) picture of the size, direction, and nature of intergovernmental finance – and, ideally, some guidance for policy designed to improve outcomes – appears to be neverending. “Fiscal balance” and “fiscal sustainability” are, for example, terms commonly heard in discussions of intergovernmental fiscal relations....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Entrepreneurial Business and Economics Review
سال: 2018
ISSN: 2353-883X,2353-8821
DOI: 10.15678/eber.2018.060305