Measuring Cyclically-adjusted Budget Balances for OECD Countries:
Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying the...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2005
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying the Economics Department's calculations of cyclically-adjusted budget balances. Account is taken of tax reforms introduced since the previous updating exercise. A number of methodological innovations have been introduced to better account for the lags between taxes and activity and to ensure greater cross-country consistency in the estimates. The methodology underlying cyclical adjustment of expenditures has also been reviewed. Finally, the country coverage has been extended. The overall results are broadly consistent with the previous set of estimates. The sensitivity of government net lending to a 1 percentage point change in the output gap remains at around 0.5% of GDP for OECD economies on average |
| Beschreibung: | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/787626008442 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047932652 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2005 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/787626008442 |2 doi | |
| 035 | |a (ZDB-13-SOC)061304379 | ||
| 035 | |a (OCoLC)1312704682 | ||
| 035 | |a (DE-599)BVBBV047932652 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Girouard, Nathalie |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Measuring Cyclically-adjusted Budget Balances for OECD Countries |c Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André |
| 246 | 1 | 3 | |a Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE |
| 264 | 1 | |a Paris |b OECD Publishing |c 2005 | |
| 300 | |a 1 Online-Ressource (42 Seiten) |c 21 x 29.7cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economics Department Working Papers | |
| 520 | |a Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying the Economics Department's calculations of cyclically-adjusted budget balances. Account is taken of tax reforms introduced since the previous updating exercise. A number of methodological innovations have been introduced to better account for the lags between taxes and activity and to ensure greater cross-country consistency in the estimates. The methodology underlying cyclical adjustment of expenditures has also been reviewed. Finally, the country coverage has been extended. The overall results are broadly consistent with the previous set of estimates. The sensitivity of government net lending to a 1 percentage point change in the output gap remains at around 0.5% of GDP for OECD economies on average | ||
| 650 | 4 | |a Economics | |
| 700 | 1 | |a André, Christophe |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/787626008442 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033314146 | |
Datensatz im Suchindex
| _version_ | 1818806028411600896 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Girouard, Nathalie |
| author2 | André, Christophe |
| author2_role | ctb |
| author2_variant | c a ca |
| author_facet | Girouard, Nathalie André, Christophe |
| author_role | aut |
| author_sort | Girouard, Nathalie |
| author_variant | n g ng |
| building | Verbundindex |
| bvnumber | BV047932652 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061304379 (OCoLC)1312704682 (DE-599)BVBBV047932652 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/787626008442 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047932652</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2005 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/787626008442</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061304379</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312704682</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047932652</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Girouard, Nathalie</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Measuring Cyclically-adjusted Budget Balances for OECD Countries</subfield><subfield code="c">Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (42 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying the Economics Department's calculations of cyclically-adjusted budget balances. Account is taken of tax reforms introduced since the previous updating exercise. A number of methodological innovations have been introduced to better account for the lags between taxes and activity and to ensure greater cross-country consistency in the estimates. The methodology underlying cyclical adjustment of expenditures has also been reviewed. Finally, the country coverage has been extended. The overall results are broadly consistent with the previous set of estimates. The sensitivity of government net lending to a 1 percentage point change in the output gap remains at around 0.5% of GDP for OECD economies on average</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">André, Christophe</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/787626008442</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033314146</subfield></datafield></record></collection> |
| id | DE-604.BV047932652 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:34:59Z |
| indexdate | 2024-12-18T19:03:15Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033314146 |
| oclc_num | 1312704682 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economics Department Working Papers |
| spelling | Girouard, Nathalie Verfasser aut Measuring Cyclically-adjusted Budget Balances for OECD Countries Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE Paris OECD Publishing 2005 1 Online-Ressource (42 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying the Economics Department's calculations of cyclically-adjusted budget balances. Account is taken of tax reforms introduced since the previous updating exercise. A number of methodological innovations have been introduced to better account for the lags between taxes and activity and to ensure greater cross-country consistency in the estimates. The methodology underlying cyclical adjustment of expenditures has also been reviewed. Finally, the country coverage has been extended. The overall results are broadly consistent with the previous set of estimates. The sensitivity of government net lending to a 1 percentage point change in the output gap remains at around 0.5% of GDP for OECD economies on average Economics André, Christophe ctb https://doi.org/10.1787/787626008442 Verlag kostenfrei Volltext |
| spellingShingle | Girouard, Nathalie Measuring Cyclically-adjusted Budget Balances for OECD Countries Economics |
| title | Measuring Cyclically-adjusted Budget Balances for OECD Countries |
| title_alt | Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE |
| title_auth | Measuring Cyclically-adjusted Budget Balances for OECD Countries |
| title_exact_search | Measuring Cyclically-adjusted Budget Balances for OECD Countries |
| title_exact_search_txtP | Measuring Cyclically-adjusted Budget Balances for OECD Countries |
| title_full | Measuring Cyclically-adjusted Budget Balances for OECD Countries Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André |
| title_fullStr | Measuring Cyclically-adjusted Budget Balances for OECD Countries Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André |
| title_full_unstemmed | Measuring Cyclically-adjusted Budget Balances for OECD Countries Nathalie Girouard and Christophe André = Mesurer le solde budgétaire corrigé des fluctuations cycliques pour les pays de l'OCDE / Nathalie Girouard et Christophe André |
| title_short | Measuring Cyclically-adjusted Budget Balances for OECD Countries |
| title_sort | measuring cyclically adjusted budget balances for oecd countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/787626008442 |
| work_keys_str_mv | AT girouardnathalie measuringcyclicallyadjustedbudgetbalancesforoecdcountries AT andrechristophe measuringcyclicallyadjustedbudgetbalancesforoecdcountries AT girouardnathalie mesurerlesoldebudgetairecorrigedesfluctuationscycliquespourlespaysdelocde AT andrechristophe mesurerlesoldebudgetairecorrigedesfluctuationscycliquespourlespaysdelocde |