## Abstract This paper estimates a model of fiscal response to analyse the impact of aid on government consumption and investment, tax revenue and public borrowing in Nicaragua in 1966β2004. This country is an interesting case study since aid flowsβi.e. grants and aid loansβaveraged more than 8 per
Policy preferences in fiscal response studies
β Scribed by Simon Feeny
- Publisher
- John Wiley and Sons
- Year
- 2006
- Tongue
- English
- Weight
- 79 KB
- Volume
- 18
- Category
- Article
- ISSN
- 0954-1748
- DOI
- 10.1002/jid.1281
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β¦ Synopsis
Abstract
This paper contributes to the fiscal response literature. By appropriately incorporating asymmetric policy preferences, it derives a model that the literature has long been searching for. It proceeds by discussing the implications regarding the results from previous studies. Copyright Β© 2006 John Wiley & Sons, Ltd.
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