Fiscal rules, inertia and discretionary fiscal policy:
In current practice, changes in the cyclically-adjusted budget balance (CAB) are generally interpreted as reflecting the effort of discretionary fiscal policy. This paper shows that such an interpretation is not a sufficiently accurate description of the behaviour of fiscal policy, and, in some case...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Brussels
European Commission, Directorate-General for Economic and Financial Affairs
2003
|
| Schriftenreihe: | Economic papers
194 |
| Schlagworte: | |
| Zusammenfassung: | In current practice, changes in the cyclically-adjusted budget balance (CAB) are generally interpreted as reflecting the effort of discretionary fiscal policy. This paper shows that such an interpretation is not a sufficiently accurate description of the behaviour of fiscal policy, and, in some cases, it may even conceal an important deficit bias. |
| Beschreibung: | 22 S. |
| ISBN: | 9289464178 |
Internformat
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| geographic | Europa |
| geographic_facet | Europa |
| id | DE-604.BV017736260 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T19:21:20Z |
| institution | BVB |
| isbn | 9289464178 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010659969 |
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| physical | 22 S. |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | European Commission, Directorate-General for Economic and Financial Affairs |
| record_format | marc |
| series | Economic papers |
| series2 | Economic papers |
| spelling | Larch, Martin Verfasser aut Fiscal rules, inertia and discretionary fiscal policy by Martin Larch and Matteo Salto Brussels European Commission, Directorate-General for Economic and Financial Affairs 2003 22 S. txt rdacontent n rdamedia nc rdacarrier Economic papers 194 In current practice, changes in the cyclically-adjusted budget balance (CAB) are generally interpreted as reflecting the effort of discretionary fiscal policy. This paper shows that such an interpretation is not a sufficiently accurate description of the behaviour of fiscal policy, and, in some cases, it may even conceal an important deficit bias. Belastingpolitiek gtt Budget Europe Economic forecasting Europe Fiscal policy Europe Finanzpolitik (DE-588)4127795-8 gnd rswk-swf Konjunkturprognose (DE-588)4139119-6 gnd rswk-swf Europa Finanzpolitik (DE-588)4127795-8 s Konjunkturprognose (DE-588)4139119-6 s DE-604 Salto, Matteo Verfasser aut Economic papers 194 (DE-604)BV000617403 194 |
| spellingShingle | Larch, Martin Salto, Matteo Fiscal rules, inertia and discretionary fiscal policy Economic papers Belastingpolitiek gtt Budget Europe Economic forecasting Europe Fiscal policy Europe Finanzpolitik (DE-588)4127795-8 gnd Konjunkturprognose (DE-588)4139119-6 gnd |
| subject_GND | (DE-588)4127795-8 (DE-588)4139119-6 |
| title | Fiscal rules, inertia and discretionary fiscal policy |
| title_auth | Fiscal rules, inertia and discretionary fiscal policy |
| title_exact_search | Fiscal rules, inertia and discretionary fiscal policy |
| title_full | Fiscal rules, inertia and discretionary fiscal policy by Martin Larch and Matteo Salto |
| title_fullStr | Fiscal rules, inertia and discretionary fiscal policy by Martin Larch and Matteo Salto |
| title_full_unstemmed | Fiscal rules, inertia and discretionary fiscal policy by Martin Larch and Matteo Salto |
| title_short | Fiscal rules, inertia and discretionary fiscal policy |
| title_sort | fiscal rules inertia and discretionary fiscal policy |
| topic | Belastingpolitiek gtt Budget Europe Economic forecasting Europe Fiscal policy Europe Finanzpolitik (DE-588)4127795-8 gnd Konjunkturprognose (DE-588)4139119-6 gnd |
| topic_facet | Belastingpolitiek Budget Europe Economic forecasting Europe Fiscal policy Europe Finanzpolitik Konjunkturprognose Europa |
| volume_link | (DE-604)BV000617403 |
| work_keys_str_mv | AT larchmartin fiscalrulesinertiaanddiscretionaryfiscalpolicy AT saltomatteo fiscalrulesinertiaanddiscretionaryfiscalpolicy |