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dc.contributor.authorKremer, Janaen
dc.contributor.authorBraz, Cláudia Rodriguesen
dc.contributor.authorBrosens, Teunisen
dc.contributor.authorLangenus, Geerten
dc.contributor.authorMomigliano, Sandroen
dc.contributor.authorSpolander, Mikkoen
dc.date.accessioned2009-01-28T16:01:36Z-
dc.date.available2009-01-28T16:01:36Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en
dc.relation.ispartofseries|aDiscussion Paper Series 1 |x2006,05en
dc.subject.jelE69en
dc.subject.jelH50en
dc.subject.jelH60en
dc.subject.jelH20en
dc.subject.ddc330en
dc.subject.keywordStructural budget balanceen
dc.subject.keywordfiscal forecasting and monitoringen
dc.subject.keywordfiscal indicatorsen
dc.subject.stwÖffentlicher Haushalten
dc.subject.stwFinanzpolitiken
dc.subject.stwHaushaltsdefiziten
dc.subject.stwSchätzungen
dc.subject.stwBelgienen
dc.subject.stwFinnlanden
dc.subject.stwDeutschlanden
dc.subject.stwItalienen
dc.subject.stwNiederlandeen
dc.subject.stwPortugalen
dc.titleA disaggregated framework for the analysis of structural developments in public finances-
dc.typeWorking Paperen
dc.identifier.ppn510392156en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bubdp1:4242en

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