- Budget deficits vary automatically with the business cycle. Revenues automatically rise as the economy expands; unemployment transfers are reduced, leaving a deficit or surplus at the cyclical peak which may be termed a "structural" budget balance.Author: Patrice Muller, Robert W. R. PricePublish Year: 1984www.oecd-ilibrary.org/economics/structural-budget-deficits-and-fiscal-stance_05…
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Cyclical and Structural Budget Deficits - tutor2u
网页2018年7月3日 · Cyclical fiscal balance. The size of the fiscal deficit is influenced by the state of the economy: in a boom, tax receipts are relatively high and spending on unemployment benefit is low. Structural fiscal balance. The structural deficit is that part …
仅显示来自 tutor2u.net 的搜索结果Structural Budget Deficit
Structural fiscal deficit is that part of the deficit which is not related to the state of …
Doughnut Economics- very t…
Today I went to a fascinating and very thought-provoking lecture from Kate …
Government Debt
Government debt is also known as public debt, national debt or sovereign debt …
How Should the Fiscal Stance Be Assessed? - IMF
网页Essentially, calculation of a cyclically adjusted or structural balance involves an estimation of what revenues and cyclically adjusted expenditure (and thus the deficit) would be if the …
网页Cyclically adjusted and structural balances are used extensively in an effort to explain how sharply deteriorating fiscal balances relate to changes in the macroeconomic …
The cyclical behaviour of fiscal policy: A meta-analysis
网页2023年6月1日 · Our “best-practice” assumptions refer to an estimate for the (primary) fiscal deficit while tackling endogeneity between fiscal policy and cyclical conditions. Under …
3 Cyclicality of Fiscal Policy in: Promoting Fiscal Discipline
网页This chapter examines the cyclical properties of fiscal policy and explores three issues: the extent of procyclicality in both industrial and developing countries; the factors underlying …
Structural Budget Deficits and Fiscal Stance - OECD iLibrary
网页1984年7月1日 · Revenues automatically rise as the economy expands; unemployment transfers are reduced, leaving a deficit or surplus at the cyclical peak which may be …
Cyclical Budgetary Policy and Economic Growth: What Do We …
网页Using panel specifications with country- and year-fixed effects, we show that: (a) an increase in financial development, a decrease in openness to trade, and the adoption of an …
Revisiting the Countercyclicality of Fiscal Policy - IMF
网页2023年4月29日 · Empirical results show that (i) fiscal policy tends to be more counter-cyclical during severe crises than typical recessions, especially for advanced economies; …
How Does Fiscal Policy Impact the Budget Deficit? - Investopedia
网页2024年9月15日 · The effect operates through a series of interconnected spending and income flows such as initial spending, increased business revenue, increased income to …
Is fiscal policy always counter- (pro-) cyclical? The role of public ...
网页2017年9月1日 · In an analysis close to ours, Egert (2012) shows that the reaction of fiscal policy to the cycle becomes pro-cyclical in OECD countries above a certain debt …
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