A Note on Optimal Fiscal Rule for Turkey

14 Pages Posted: 15 Jan 2012

Date Written: March 25, 2010

Abstract

An optimal dynamic fiscal loss model for Turkey is presented in this note. The model is used as a benchmark to gauge the success of potential simple fiscal rules. Optimal linear and non-linear rules are shown to perform well.

Suggested Citation

Yorukoglu, Mehmet, A Note on Optimal Fiscal Rule for Turkey (March 25, 2010). Bank of Italy Occasional Paper, Available at SSRN: https://ssrn.com/abstract=1985245

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