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http://hdl.handle.net/10419/19633
  

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dc.contributor.authorKremer, Janaen_US
dc.contributor.authorBraz, Cláudia Rodriguesen_US
dc.contributor.authorBrosens, Teunisen_US
dc.contributor.authorLangenus, Geerten_US
dc.contributor.authorMomigliano, Sandroen_US
dc.contributor.authorSpolander, Mikkoen_US
dc.coverage.temporal1998-2004en_US
dc.date.accessioned2009-01-28T16:01:36Z-
dc.date.available2009-01-28T16:01:36Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/19633-
dc.description.abstractIn this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discretionary fiscal policy and of macroeconomic and other developments and is sufficiently standardised to be used in multi-country studies. Here, it is applied to Belgium, Finland, Germany, Italy, the Netherlands and Portugal over the period 1998 to 2004. During this period the structural primary balance ratio clearly worsened in all countries except Finland. In Belgium, Italy and the Netherlands, both revenue and expenditure contributed to the deterioration of the structural primary balance. In Germany the large deterioration in revenue was partially offset by the decline in the structural primary expenditure ratio, while the opposite was true for Portugal. The analysis highlights the various factors that contributed to these developments.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,05en_US
dc.subject.jelE69en_US
dc.subject.jelH50en_US
dc.subject.jelH60en_US
dc.subject.jelH20en_US
dc.subject.ddc330en_US
dc.subject.keywordStructural budget balanceen_US
dc.subject.keywordfiscal forecasting and monitoringen_US
dc.subject.keywordfiscal indicatorsen_US
dc.subject.stwÖffentlicher Haushalten_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwHaushaltsdefiziten_US
dc.subject.stwSchätzungen_US
dc.subject.stwBelgienen_US
dc.subject.stwFinnlanden_US
dc.subject.stwDeutschlanden_US
dc.subject.stwItalienen_US
dc.subject.stwNiederlandeen_US
dc.subject.stwPortugalen_US
dc.titleA disaggregated framework for the analysis of structural developments in public financesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn510392156en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp1:4242-
Appears in Collections:Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank

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