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Author :
Publisher :
ISBN 13 :
Total Pages : 394 pages
Book Rating : 4.:/5 (429 download)
Download or read book Indicators of Structural Budget Balances written by and published by . This book was released on 1999 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Banca d'Italia. Servizio studi
Publisher :
ISBN 13 :
Total Pages : 404 pages
Book Rating : 4.:/5 (31 download)
Download or read book Indicators of Structural Budget Balances written by Banca d'Italia. Servizio studi and published by . This book was released on 1999 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 394 pages
Book Rating : 4.:/5 (933 download)
Download or read book Indicators of structural budget balances written by and published by . This book was released on 1999 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Banca d'Italia
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)
Download or read book Indicators of Structural Budget Balances : Essays Presented at the Bank of Italy Workshop Help in Perugia, 26-28 Nov 1998 written by Banca d'Italia and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nigel Andrew Chalk
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)
Download or read book Structural Balances and All That written by Nigel Andrew Chalk and published by International Monetary Fund. This book was released on 2002-06 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural indicators of a country's fiscal position are regularly used as estimates of both discretionary changes in fiscal policy and the effect of fiscal policy on aggregate demand. This paper looks at such indicators and evaluates, from a theoretical standpoint and from empirical case studies, their usefulness in measuring the size of discretionary policy action or fiscal demand stimulus. Two propositions are examined in detail: first, that the change in the primary structural balance provides a better indicator of discretionary fiscal policy than does the change in the primary balance; and second, that the change in the structural balance is a good indicator of the demand stimulus arising from changes in the fiscal position. In addition, the paper discusses measurement problems relating to structural balances and the use of the fiscal impulse as an alternative to structural balances.
Author : Anne Brunila
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (129 download)
Download or read book Indicators of the Cyclically Adjusted Budget Balance written by Anne Brunila and published by . This book was released on 2009 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyclically adjusted government budget balances have become increasingly popular as a means of analysing the fiscal situation and changes in policy that result from the intentional actions of the government. As the actual budget balances are affected both by cyclical factors ('automatic stabilisers') and structural ('discretionary') measures, they may not, in general, be very useful when seeking to assess the orientation of underlying fiscal policy and possible structural imbalances in the budget balance. The problem however is that there is no generally accepted method of calculating cyclically adjusted (structural) budget balances. The results tend to be fairly noisy and sensitive to the method of calculation. The purpose of this article is to highlight these issues by reviewing three estimation methods used by the Bank of Finland - GDP smoothing based on the Hodrick-Prescott trend estimation method, the production function approach and Blanchard's method - and the corresponding estimates of the cyclically adjusted budget balances for Finland.
Author : Banca d'Italia
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (143 download)
Download or read book Indicators of Structural Budget Balances written by Banca d'Italia and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Banca d'Italia
Publisher :
ISBN 13 :
Total Pages : 394 pages
Book Rating : 4.:/5 (468 download)
Download or read book Indicators of Structural Budget Balances written by Banca d'Italia and published by . This book was released on 1999 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Henrik Braconier
Publisher : Nordic Council of Ministers
ISBN 13 : 9789289303682
Total Pages : 94 pages
Book Rating : 4.3/5 (36 download)
Download or read book The Public Budget Balance, Fiscal Indicators and Cyclical Sensitivity in the Nordic Countries written by Henrik Braconier and published by Nordic Council of Ministers. This book was released on 1999 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Martin Larch
Publisher :
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.3/5 ( download)
Download or read book Fiscal Indicators written by Martin Larch and published by . This book was released on 2007 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal indicators are the backbone of effective fiscal policy-making, including the coordination and surveillance of budgetary policy at the EU level. The quality and success of the EU surveillance framework, in particular the timeliness and appropriateness of any policy recommendation or decision taken in the context of the Stability and Growth Pact (SGP), crucially depend on the quality of its diagnostic instruments. The right conclusions can only be drawn if the underlying analysis is comprehensive and accurate.
Download or read book Working Papers written by and published by . This book was released on 1984 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nigel Chalk
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)
Download or read book Structural Balances and All That Which Indicators to Use in Assessing Fiscal Policy written by Nigel Chalk and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural indicators of a country`s fiscal position are regularly used as estimates of both discretionary changes in fiscal policy and the effect of fiscal policy on aggregate demand. This paper looks at such indicators and evaluates, from a theoretical standpoint and from empirical case studies, their usefulness in measuring the size of discretionary policy action or fiscal demand stimulus. Two propositions are examined in detail: first, that the change in the primary structural balance provides a better indicator of discretionary fiscal policy than does the change in the primary balance; and second, that the change in the structural balance is a good indicator of the demand stimulus arising from changes in the fiscal position. In addition, the paper discusses measurement problems relating to structural balances and the use of the fiscal impulse as an alternative to structural balances.
Author : Mr.Robert P. Hagemann
Publisher : International Monetary Fund
ISBN 13 : 1451851804
Total Pages : 15 pages
Book Rating : 4.4/5 (518 download)
Download or read book The Structural Budget Balance The IMF’s Methodology written by Mr.Robert P. Hagemann and published by International Monetary Fund. This book was released on 1999-07-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the methodology used by the IMF staff to calculate the structural budget balance, estimates of which are published regularly in the IMF’s World Economic Outlook. The structural budget balance is the government’s actual fiscal position purged of the estimated budgetary consequences of the business cycle, and is designed in part to provide an indication of the medium-term orientation of fiscal policy. Interpretation of the structural budget balance requires caution in several respects, however, some of which are reviewed in the paper. The paper then considers briefly the potential usefulness of the structural budget balance as a tool for enforcement--under the Stability and Growth Pact--of the European Economic and Monetary Union reference value on the deficit specified in the Maastricht Treaty.
Download or read book Fiscal Policy and Fiscal Indicators written by and published by . This book was released on 1995 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Martin Larch
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Measuring the Effectiveness of Budget Consolidation Efforts written by Martin Larch and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical arguments and empirical evidence are presented to prove the poor quality of the structural budget balance in assessing the effectiveness of budget consolidation efforts. Changes in the structural budget balance currently used as an indicator of fiscal stance give a significantly distorted picture of what consolidation policies achieve. The paper proposes a simple but effective alternative which is free of the shortcomings of the traditional approach. An application to Austrian data illustrates the suggested procedure.
Author : Albert Jaeger
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (611 download)
Download or read book The Measurement and Interpretation of Structural Budget Balances written by Albert Jaeger and published by . This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Price
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (732 download)
Download or read book Adjusting Fiscal Balances for Asset Price Cycles written by Robert Price and published by . This book was released on 2011 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
