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References

Bernanke, Ben S. and Alan S. Blinder (1992) "The federal funds rate and the channels of monetary transmission." The American Economic Review 82(4): 901-921.

Blanchard, Oliver and Perotti Roberto (2002) "An empirical characterisation of the dynamic effects of changes in government spending and taxes on output." The Quarterly Journal of Economics 117(4): 1329-1368.

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Brook, Anne-Marie (2003) "Recent and prospective trends in real long-term interest rates: Fiscal policy and other drivers." OECD Working Paper EKO/WKP(2003)21.

Buckle, Robert A, Kunhong Kim, Heather Kirkham, Nathan McLellan and Jared Sharma (2002) "A structural VAR model of the New Zealand business cycle." New Zealand Treasury Working Paper 02/26.

Buckle, Robert A., Kunhong Kim and Julie Tam (2001) "A structural VAR approach to estimating budget balance targets." New Zealand Economic Papers 36(2): 149-175.

Buckle, Robert A., Kunhong Kim and Nathan McLellan (2003) "Monetary policy and New Zealand business cycles: Analysis using a structural VAR model." New Zealand Treasury Working Paper 03/09.

Dungey, Mardi and Adrian Pagan (2000) "A structural VAR model of the Australian economy." Economic Record 76(235): 321-342.

Girouard, Nathalie and André Christophe (2005) "Measuring cyclically-adjusted budget balances for OECD countries." OECD Economics Department Working Paper 434.

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Perotti, Roberto (2004) "Estimating the effects of fiscal policy in OECD countries." Unpublished manuscript.

Philip, Renee and John Janssen (2002) "Indicators of fiscal impulse for New Zealand." New Zealand Treasury Working Paper 02/30.

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Said, Said E. and David A. Dickey (1984) "Testing for unit roots in autoregressive-moving average models with unknown order." Biometrika 71(3): 599-608.

Sims, Christopher A. (1980) "Macroeconomics and reality." Econometrica 48(1): 1-48.

Widmalm, Frida (2001) "Tax structure and growth: Are some taxes better than others?" Public Choice 107: 199-219.

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