Construct · 1 fields · 1 citations

fiscal reaction function: a standalone construct

One name. One construct. A landmark on the map.

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Public finance

the estimated response of the primary surplus to the debt ratio, where a positive response indicates a sustainable fiscal policy.

In public finance, fiscal reaction function refers to the estimated response of the primary surplus to the debt ratio, where a positive response indicates a sustainable fiscal policy. This meaning comes from Bohn (1998) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

debt3 fields · 3 citationsjingle · one word, three carriers function5 fields · 6 citationsjingle · one word, five constructs policy2 fields · 4 citationsjingle · one word, two constructs

References

Bohn, H. (1998). The Behavior of U. S. Public Debt and Deficits. The Quarterly Journal of Economics, 113(3), 949-963. https://doi.org/10.1162/003355398555793

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