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Fiscal Policy in Latin America: Countercyclical and Sustainable at Last?

Daude, Christian; Melguizo, Ángel; Neut, Alejandro - Centre de développement, Organisation de Coopération … - 2010

, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which …

Persistent link: https://www.econbiz.de/10008525328

Measuring Cyclically-adjusted Budget Balances for OECD Countries

Girouard, Nathalie; André, Christophe - Economics Department, Organisation de Coopération et … - 2005

Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying...

Persistent link: https://www.econbiz.de/10005045813

The Size and Role of Automatic Fiscal Stabilizers in the 1990s and Beyond

Noord, Paul van den - Economics Department, Organisation de Coopération et … - 2000

This paper assesses to what extent some components of government budgets affected by the macroeconomic situation operate to smooth the business cycle in individual OECD countries. It is shown that these automatic fiscal stabilisers have generally reduced cyclical volatility in the 1990s....

Persistent link: https://www.econbiz.de/10005045980

The Political Economy of Fiscal Consolidation

Price, Robert W.R. - Economics Department, Organisation de Coopération et … - 2010

This paper explores the political economy of fiscal adjustment. It begins with an examination of the evidence for, and sources of, ‘deficit bias’, including political and governance factors, public attitudes, the role of financial markets and imprecision about which debt targets should be...

Persistent link: https://www.econbiz.de/10008587587

Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-cyclical?

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2010

This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...

Persistent link: https://www.econbiz.de/10008542496

Fiscal policy in Latin America: better after all?

Daude, Christian; Melguizo, Ángel; Neut, Alejandro - 2010

, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which …

Persistent link: https://www.econbiz.de/10010302742

Fiscal policy in Latin America: Countercyclical and sustainable?

Daude, Christian; Melguizo, Ángel; Neut, Alejandro - In: Economics: The Open-Access, Open-Assessment E-Journal 5 (2011) 2011-14, pp. 1-29

, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which …

Persistent link: https://www.econbiz.de/10010306876

Fiscal policy in Latin America: Countercyclical and sustainable?

Daude, Christian; Melguizo, Ángel; Neut, Alejandro - In: Economics - The Open-Access, Open-Assessment E-Journal 5 (2011), pp. 1-29

, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which …

Persistent link: https://www.econbiz.de/10009353460

Fiscal policy in Latin America: better after all?

Daude, Christian; Melguizo, Ángel; Neut, Alejandro - Institut für Weltwirtschaft (IfW) - 2010

, Mexico, Peru and Uruguay implementing the standardised OECD methodology and extending it to include commodity cycles, which …

Persistent link: https://www.econbiz.de/10008728022

A scientific note on the Italian Mini BOTs and the proposal of the CCCFs

Saccal, Alessandro - 2024

nor to practically increase Italian government debt, but to practically cause a mere reduction in taxation and thence in … associated with them, would have (i) stimulated expenditure more than a taxation rebate to the said firms and (ii) facilitated … taxation credit certificates endowed with a further reduction in taxation conditional on their use for consumption, termed …

Persistent link: https://www.econbiz.de/10015076228

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