Suggestions for a New Set of Fiscal Indicators:
There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be sustained, or will the government have to adjust...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1990
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be sustained, or will the government have to adjust taxes or spending? (3) What is the effect of fiscal policy on activity, through its effects on relative prices, be it the price of labour or the price of capital? (4) What is the macroeconomic impact of fiscal policy, through deficit and debt finance? This paper is one of three in this Working Paper Series, along with those by Chouraqui et al. and Gramlich, in which the assessment of fiscal policy is reconsidered. It argues that no single indicator can give even rough answers to all those questions. It then develops four (sets of) indicators, aimed at answering each of the questions ... |
| Beschreibung: | 1 Online-Ressource (36 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/435618162862 |
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| spelling | Blanchard, Olivier Jean Verfasser aut Suggestions for a New Set of Fiscal Indicators Olivier Jean Blanchard Paris OECD Publishing 1990 1 Online-Ressource (36 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be sustained, or will the government have to adjust taxes or spending? (3) What is the effect of fiscal policy on activity, through its effects on relative prices, be it the price of labour or the price of capital? (4) What is the macroeconomic impact of fiscal policy, through deficit and debt finance? This paper is one of three in this Working Paper Series, along with those by Chouraqui et al. and Gramlich, in which the assessment of fiscal policy is reconsidered. It argues that no single indicator can give even rough answers to all those questions. It then develops four (sets of) indicators, aimed at answering each of the questions ... Economics https://doi.org/10.1787/435618162862 Verlag kostenfrei Volltext |
| spellingShingle | Blanchard, Olivier Jean Suggestions for a New Set of Fiscal Indicators Economics |
| title | Suggestions for a New Set of Fiscal Indicators |
| title_auth | Suggestions for a New Set of Fiscal Indicators |
| title_exact_search | Suggestions for a New Set of Fiscal Indicators |
| title_exact_search_txtP | Suggestions for a New Set of Fiscal Indicators |
| title_full | Suggestions for a New Set of Fiscal Indicators Olivier Jean Blanchard |
| title_fullStr | Suggestions for a New Set of Fiscal Indicators Olivier Jean Blanchard |
| title_full_unstemmed | Suggestions for a New Set of Fiscal Indicators Olivier Jean Blanchard |
| title_short | Suggestions for a New Set of Fiscal Indicators |
| title_sort | suggestions for a new set of fiscal indicators |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/435618162862 |
| work_keys_str_mv | AT blanchardolivierjean suggestionsforanewsetoffiscalindicators |