Detail Are Budget Deficit Too Large? : The Evidence from Taiwan   Oleh:  Wu, Jyh-Lin Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Asian Economics vol. 9 no. 3 (1998), page 519-528. Topik: budget; budget deficit; evidence Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ50.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Are recent government budget deficits “too large” ? Do they represent a boundless growth of government debt ? Recently, these questions have received an immense amount of public attention in Taiwan. The methods of Gregory and Hansen (1996) and Stock and Watson (1993) are applied to examine the sustainability of Taiwan's fiscal deficits from 1955 – 1994. We find that budget deficits have increased and have also persisted since 1989, but there is no evidence to suggest that the government tends to default on its debts. Therefore, we conclude that the budget deficit policy in Taiwan is sustainable. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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