Fiscal rules, inertia and discretionary fiscal policy [PDF]
In current practice, changes in the cyclically-adjusted budget balance (CAB) are generally interpreted as reflecting the effort of discretionary fiscal policy. This paper shows that such an interpretation is not a sufficiently accurate description of the
Martin Larch, Matteo Salto
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Fiscal sustainability and the cyclically adjusted balance policy: methodology and analysis for Chile [PDF]
, 2018 This paper sets forth a framework for analysing fiscal sustainability in the Chilean economy. It starts by making an ex post calculation of indicators of vulnerability and fiscal sustainability, based on the estimation of a sustainable debt level, with ...
Villena, Mauricio G. +2 more
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Fiscal indicators - Proceedings of the the Directorate-General for Economic and Financial Affairs Workshop held on 22 September 2006 in Brussels [PDF]
Fiscal indicators are the backbone of effective fiscal policy-making, including the coordination and surveillance of budgetary policy at the EU level.
Martin Larch, Jo�o Nogueira Martins
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An analysis of the success of fiscal adjustment in reducing public debt: Evidence from Pakistan. [PDF]
PLoS One, 2022 Hussain I, Hussain J, Bilal H.
europepmc +1 more source
An Evaluation of the OECD Cyclically-Adjusted Primary Government Balance Forecasts
, 2008 Forecasts of the cyclically-adjusted primary government balance are, potentially, informative as to the stance of future fiscal policies. This is sustained by the fiscal surveillance procedure for Eurozone members since the reformed Stability and Growth ...
Vuchelen, Jef, De Wit, Jesse
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Fiscal Consolidation, Social Sector Expenditures and Twin Deficit Hypothesis: Evidence from Emerging and Middle-Income Countries. [PDF]
Comp Econ Stud, 2022 Lahiani A, Mtibaa A, Gabsi F.
europepmc +1 more source
Promised Fiscal Expansions and Politics: A European Union Assessment. [PDF]
Comp Econ Stud, 2021 Jalles JT.
europepmc +1 more source
Twin deficits through the looking Glass : time-varying analysis in the Euro Area [PDF]
, 2022 Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020.
Afonso, António, Coelho, José Carlos
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Low birth weight trends in Organisation for Economic Co-operation and Development countries, 2000-2015: economic, health system and demographic conditionings. [PDF]
BMC Pregnancy Childbirth, 2021 Erasun D +5 more
europepmc +1 more source
Testing the EU fiscal surveillance: How sensitive is it to variations in output gap estimates? [PDF]
Real-time estimates of the potential output are essential in the EU fiscal surveillance framework. They are used for the calculation of the cyclically-adjusted budget balance, one of the main indicators in the assessment of the fiscal performance of EU ...
Martin Larch, Sven Langedijk
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