Econometric implications of the government budget constraint

Journal of Econometrics

Volumn 83, Issue 1-2, 1998, Pages 9-19

  Sims, Christopher A ^a  

^a YALE UNIVERSITY   (United States)

Author keywords

Government budget constraint; Ricardian equivalence; Taxation

Indexed keywords

EID: 0041004790     PISSN: 03044076     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-4076(97)00063-8     Document Type: Article

References (9)

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3. Leeper, E.M., 1991. Equilibria under 'active' and 'passive' monetary and fiscal policies. Journal of Monetary Economics 27, 129-147.
4. Leeper, E.M., Sims, C.A., 1994. Toward a modern macroeconomic model usable for policy analysis. NBER Macroeconomics Annual.
5. McKibbin, W.J., Sachs, J.D., 1991. Global Linkages. Brookings Institution, Washington, DC.
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7. Sims, C.A., 1994. A simple model for the determination of the price level and the interaction of monetary and fiscal policy. Economic Theory 4, 381-399.
8. Taylor, J., 1993. Macroeconomic Policy in a World Economy. W.W. Norton, New York.
9. Woodford, M., 1995. Price level determinacy without control of a monetary aggregate. NBER working paper no. 5204.