Bodmer, Frank; Geier, Alain - In: OECD Journal on Budgeting 4 (2004) 2, pp. 77-100
The new Swiss budget rule or “debt brake” is based on the idea or rather the aim that the structural deficit should be zero.1 Therefore, the size of the structural deficit is of special importance for the conduct of fiscal policy under the debt brake. In 2003, it was estimated that there is...
