Fiscal Impulses and their Fiscal Impact:
Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual budget b...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
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Schriftenreihe: | IMF Working Papers
Working Paper No. 92/38 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual budget balance. However, they have been criticized for lacking an analytical rationale. This paper uses a simple framework to show that the fiscal impulse measure can be analytically derived. While this removes one source of criticism, the measure, nevertheless, should be used carefully when making inferences of fiscal impact |
Beschreibung: | 1 Online-Ressource (18 p) |
ISBN: | 1451977530 9781451977530 |
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spelling | Chand, Sheetal K. Verfasser aut Fiscal Impulses and their Fiscal Impact Chand, Sheetal K Washington, D.C International Monetary Fund 1992 1 Online-Ressource (18 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/38 Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual budget balance. However, they have been criticized for lacking an analytical rationale. This paper uses a simple framework to show that the fiscal impulse measure can be analytically derived. While this removes one source of criticism, the measure, nevertheless, should be used carefully when making inferences of fiscal impact Online-Ausg http://elibrary.imf.org/view/IMF001/02493-9781451977530/02493-9781451977530/02493-9781451977530.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Chand, Sheetal K. Fiscal Impulses and their Fiscal Impact |
title | Fiscal Impulses and their Fiscal Impact |
title_auth | Fiscal Impulses and their Fiscal Impact |
title_exact_search | Fiscal Impulses and their Fiscal Impact |
title_exact_search_txtP | Fiscal Impulses and their Fiscal Impact |
title_full | Fiscal Impulses and their Fiscal Impact Chand, Sheetal K |
title_fullStr | Fiscal Impulses and their Fiscal Impact Chand, Sheetal K |
title_full_unstemmed | Fiscal Impulses and their Fiscal Impact Chand, Sheetal K |
title_short | Fiscal Impulses and their Fiscal Impact |
title_sort | fiscal impulses and their fiscal impact |
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