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The Resource A structural VAR approach to estimating budget balance targets, Robert A Buckle, Kunhong Kim & Julie Tam

A structural VAR approach to estimating budget balance targets, Robert A Buckle, Kunhong Kim & Julie Tam

Label
A structural VAR approach to estimating budget balance targets
Title
A structural VAR approach to estimating budget balance targets
Statement of responsibility
Robert A Buckle, Kunhong Kim & Julie Tam
Title variation
Structural Vector Autoregression approach to estimating budget balance targets
Creator
Contributor
Issuing body
Subject
Language
eng
Summary
"The Fiscal Responsibility Act 1994 states that, as a principle of responsible fiscal management, a New Zealand government should ensure total Crown debt is at a prudent level by ensuring total operating expenses do not exceed total operating revenues. In this paper a structural VAR model is estimated to evaluate the impact on the government's cash operating surplus (or budget balance) of four independent disturbances: supply, fiscal, real private demand, and nominal disturbances. Based on the distribution of these disturbances, stochastic simulations are undertaken to derive the level of the ex ante cash budget balance needed to achieve an actual cash budget balance, at a given level of probability, at some future time horizon."--Publisher's website
Member of
http://library.link/vocab/creatorName
Buckle, Robert,
Government publication
federal national government publication
Illustrations
illustrations
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Kunhong, Kim,
  • Tam, Julie,
  • New Zealand
Series statement
Treasury working paper,
Series volume
01/11
http://library.link/vocab/subjectName
  • Fiscal policy
  • Budget
Label
A structural VAR approach to estimating budget balance targets, Robert A Buckle, Kunhong Kim & Julie Tam
Instantiates
Publication
Note
  • Archived by the National Library of New Zealand in PDF.
  • Hypertext links contained in the archived instances of this title may not be functional.
Bibliography note
Includes bibliographical references
Color
mixed
Control code
9918178294402836
Dimensions
unknown
Extent
1 online resource
File format
one file format
Form of item
online
Other physical details
illustrations
Specific material designation
remote
System control number
9918178294402836
Label
A structural VAR approach to estimating budget balance targets, Robert A Buckle, Kunhong Kim & Julie Tam
Publication
Note
  • Archived by the National Library of New Zealand in PDF.
  • Hypertext links contained in the archived instances of this title may not be functional.
Bibliography note
Includes bibliographical references
Color
mixed
Control code
9918178294402836
Dimensions
unknown
Extent
1 online resource
File format
one file format
Form of item
online
Other physical details
illustrations
Specific material designation
remote
System control number
9918178294402836

Library Locations

    • InternetBorrow it
      Albany, Auckland, 0632, NZ
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