المستودع الأكاديمي جامعة المدينة

A disaggregated framework for the analysis of structural developments in public finances

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dc.creator Kremer, Jana
dc.creator Braz, Cláudia Rodrigues
dc.creator Brosens, Teunis
dc.creator Langenus, Geert
dc.creator Momigliano, Sandro
dc.creator Spolander, Mikko
dc.date 2006
dc.date.accessioned 2013-10-16T07:06:01Z
dc.date.available 2013-10-16T07:06:01Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19633
dc.identifier ppn:510392156
dc.identifier RePEc:zbw:bubdp1:4242
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19633
dc.description In 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.
dc.language eng
dc.relation Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,05
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E69
dc.subject H50
dc.subject H60
dc.subject H20
dc.subject ddc:330
dc.subject Structural budget balance
dc.subject fiscal forecasting and monitoring
dc.subject fiscal indicators
dc.subject Öffentlicher Haushalt
dc.subject Finanzpolitik
dc.subject Haushaltsdefizit
dc.subject Schätzung
dc.subject Belgien
dc.subject Finnland
dc.subject Deutschland
dc.subject Italien
dc.subject Niederlande
dc.subject Portugal
dc.title A disaggregated framework for the analysis of structural developments in public finances
dc.type doc-type:workingPaper
dc.coverage 1998-2004


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