Measurement of Fiscal Rules: Introducing the Application of Partially Ordered Set (POSET) Theory
Data on (economic) institutions are often available only as observations on ordinal, inherently incomparable properties, which are then typically aggregated to a composite index in the empirical social science literature. From a methodological perspective, the present paper advocates the applicat...
Main Authors: | , |
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Format: | Others |
Language: | en |
Published: |
Elsevier
2015
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Subjects: | |
Online Access: | http://epub.wu.ac.at/4435/1/MS_D%2D14%2D00070_final.pdf http://dx.doi.org/10.1016/j.jmacro.2014.09.005 |