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...

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Bibliographic Details
Main Authors: Badinger, Harald, Reuter, Wolf Heinrich
Format: Others
Language:en
Published: Elsevier 2015
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