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dc.contributor.authorDaude, Christianen
dc.contributor.authorMelguizo, Ángelen
dc.contributor.authorNeut, Alejandroen
dc.date.accessioned2011-10-10-
dc.date.accessioned2011-10-28T14:01:31Z-
dc.date.available2011-10-28T14:01:31Z-
dc.date.issued2011-
dc.identifier.citation|aEconomics: The Open-Access, Open-Assessment E-Journal|c1864-6042|v5|h2011-14|nKiel Institute for the World Economy (IfW)|lKiel|y2011|p1-29en
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2011-14en
dc.identifier.urihttp://hdl.handle.net/10419/50736-
dc.description.abstractThis paper analyses fiscal policy for several economies in Latin America, from the early nineties to the 2009 crisis. We present original estimates of cyclically-adjusted public revenues for Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which have a direct and significant effect on the fiscal balance of several Latin American countries. Based on these estimates, we evaluate the size of automatic tax stabilisers and the cyclicality of discretionary fiscal policy. Additionally, we highlight the uncertainty stemming from the estimation of the output gap, due to large and simultaneous cyclical, temporary and permanent shocks in several Latin American economies.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.subject.jelE62en
dc.subject.jelH30en
dc.subject.jelH60en
dc.subject.ddc330en
dc.subject.keywordfiscal policyen
dc.subject.keywordbusiness cycleen
dc.subject.keywordpublic financesen
dc.subject.stwFinanzpolitiken
dc.subject.stwKonjunkturen
dc.subject.stwEingebauter Stabilisatoren
dc.subject.stwLateinamerikaen
dc.titleFiscal policy in Latin America: Countercyclical and sustainable?-
dc.typeArticleen
dc.identifier.ppn669543632en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifweej:201114en
econstor.citation.journaltitleEconomics: The Open-Access, Open-Assessment E-Journalen
econstor.citation.issn1864-6042en
econstor.citation.volume5en
econstor.citation.issue2011-14en
econstor.citation.publisherKiel Institute for the World Economy (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year2011en
econstor.citation.startpage1en
econstor.citation.endpage29en

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