To Empower, Be Empowered

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The traditional cyclically adjusted budget balance indicator, which is the basis for measuring structural or underlying budget balances, does not adjust for the effects of cyclical fluctuations in asset prices. Moreover, for the final project students will focus on a place(s), event(s), era (time period), or issue(s), which will enable them to directly apply and speak to issues of cultural diversity and complexity they have learned in the course. We have conducted Hausman tests, which suggest that our FEVD estimates are efficient in comparison to random effect estimates.

Pages: 264

Publisher: McGraw-Hill Education (Asia) (May 16, 2005)

ISBN: 0071246495

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