This thesis deals with two related issues of fiscal policy optimality and fiscal policy sustainability in Indonesia. In Chapter 2, I examined whether fiscal policy has been optimal based on the tax smoothing hypothesis. In Chapter 3 and 4, I performed two different fiscal policy sustainability analyses. In Chapter 3 analysis is based on the government intertemporal budget constraint (IBC) approach, while in Chapter 4 analysis is based on Bohn’s Model Based Sustainability (MBS) approach. In general, I found that fiscal policy in Indonesia since 1970s has been optimal and sustainable, at least in the intertemporal dimension.
Table of ContentsChapter 1. Introduction -- Chapter 2. Tax smoothing : tests on Indonesian data -- Chapter 3. Sustainability of fiscal policy and the revenue-expenditure nexus : the case of Indonesia -- Chapter 4. Does Indonesia pursue sustainability fiscal policy? -- Chapter 5. Conclusion.
NotesBibliography: pages 172-174
Awarding InstitutionMacquarie University
Degree TypeThesis PhD
DegreePhD, Macquarie University, Faculty of Business and Economics, Department of Economics
Department, Centre or SchoolDepartment of Economics
Year of Award2016
Principal SupervisorGeoffrey H. Kingston
Additional Supervisor 1Lance Fisher
RightsCopyright Rudi Kurniawan 2016.
Copyright disclaimer: http://mq.edu.au/library/copyright
Extent1 online resource (viii, 183 pages) graphs, tables