Fiscal sustainability and the fiscal reaction function for South Africa /

How does the South African government react to changes in its debt position? In investigating the question, this paper estimates fiscal reaction functions using various methods (OLS, VAR, TAR, GMM, State-Space modelling and VECM). The paper finds that since 1946 the South African government has ran...

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Detalhes bibliográficos
Autor principal: Jooste, Charl
Outros Autores: Burger, Philippe, Cuevas, Alfredo, Stuart, Ian
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
Colecção:IMF Working Papers; Working Paper ; No. 2011/069
Acesso em linha:Full text available on IMF