Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210381 
Year of Publication: 
2013
Series/Report no.: 
Treasury Working Paper No. 2013-01
Publisher: 
The Australian Government, The Treasury, Canberra
Abstract: 
This Working Paper presents an overview of structural budget balance models and the adjustments most relevant for Australia. Three models (the OECD model, the IMF model and Treasury’s previously published model in the Australian Government’s 2009-10 Budget and McDonald et al (2010)) are discussed. Updated estimates of the Australian Government’s structural budget balance are presented alongside analysis showing the sensitivity of the results to plausible changes in key parameters. The updated structural budget balance estimates are based on the model used by McDonald et al (2010) and updated for the Australian Government’s 2013-14 Budget.
Subjects: 
fiscal policy
cyclical adjustment
structural fiscal balance
commodity prices
JEL: 
E62
H62
H69
ISBN: 
978-0-642-74908-6
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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