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- Sun Mar 18, 2018 4:17 pm
- Forum: Econometric Discussions
- Topic: FMOLS/DOLS sufficient to answer research question? Or VECM needed?
- Replies: 0
- Views: 2299
FMOLS/DOLS sufficient to answer research question? Or VECM needed?
I am currently doing a thesis on the historical effect of tax size and tax progressivity on income redistribution from taxes. The tax policy literature has established that income redistribution by taxes = tax size * tax progressivity. That is, they are inseparable. Changes in redistribution cannot ...