Appendix D: Alternative ordering
- Appendix Figure 1 – Alternative ordering of net tax and government spending for the deterministic trend specification – net tax shock (left) and government spending shock (right)
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- Appendix Figure 2 – Alternative ordering of net tax and government spending for the stochastic trend specification – net tax shock (left) and government spending shock (right)
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Note: The figure for the first difference trend specification is not reported, as it is almost identical to the one for stochastic trend specification. However, it is available upon request.
