English, Article, Journal or magazine article edition: Searching for Threshold Effects in the Evolution of Budget Deficits: An Application to the Spanish Case Oscar Bajo-Rubio; Carmen Díaz-Roldán; Vicente Esteve

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Bookmark: http://trove.nla.gov.au/version/160656
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Searching for Threshold Effects in the Evolution of Budget Deficits: An Application to the Spanish Case
Author
  • Oscar Bajo-Rubio
  • Carmen Díaz-Roldán
  • Vicente Esteve
Physical Description
  • preprint
Notes
  • In this paper we use recent developments on threshold autoregressive (TAR) models that allow us to derive endogenously threshold effects in the evolution of the Spanish budget deficit. Specifically, a mean-reverting dynamic behaviour of the budget deficit should be expected once such threshold is reached.
  • Fiscal policy, Budget deficits, Threshold effects, TAR models.
  • RePEc:cea:doctra:e2003_29
Language
  • English
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