Public Finances and the Economic Cycle: An Alternative Approach (notice n° 157627)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01461cam a2200217 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031935.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Audenis, Cédric |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Public Finances and the Economic Cycle: An Alternative Approach |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2003.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 86 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | International organisations define the cyclical balance in terms of the impact of the fluctuations in present activity on the public balance. We suggest an alternative method, based on the estimation of a VAR model having as variables the deficit expressed in GDP points and the GDP growth rate. The non-cyclical balance is defined as the balance that would have been obtained if GDP had remained on its trend. This method estimates the impact of the economic cycle on the public balance without it being necessary to identify a priori the modifications in legislation that are of a structural nature. In addition, it incorporates the impact of past fluctuations in activity on the present balance. However, the scale of the cyclical balance calculated using this approach remains sensitive to the choice of GDP trend. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | structural balance |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | VAR |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | fiscal policy |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | cycles |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Prost, Corinne |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 157 | 1 | 2003-03-01 | p. 1-12 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2003-1-page-1?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2003-1-page-1?lang=en</a> |
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