Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/201293 
Titel (übersetzt): 
Structural Budget Balance
Autor:innen: 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
ETLA Report No. 11
Verlag: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Zusammenfassung (übersetzt): 
Euro Area member states have agreed to introduce a structural budget balance target to their national legislation (Treaty on Stability, Coordination and Governance). However, there exists no commonly agreed methodology to calculate this macroeconomic indicator. This report presents the conceptual framework underlying the calculation of structural fiscal balances as suggested by different international organizations such as the European Commission and the IMF. We emphasize that the methodology indeed affects both the quantitative estimates and the interpretation of the indicator for policy analysis. In addition we discuss some of the possible limitations of the indicator within real-time macroeconomic surveillance.
Schlagwörter: 
Cyclically-adjusted budget balance
Structural balance
Fiscal policy
Macroeconomic surveillance
JEL: 
H60
E62
E32
Dokumentart: 
Research Report

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.