A New Method for Constructing a Cyclically Adjusted Budget Balance: the Case of Sweden [PDF]
In this paper, we discuss a new method for constructing a cyclically adjusted budget balance. We use the method to evaluate the budget balance for Sweden during the period 1991–2005.
Braconier, Henrik, Forsfält, Tomas
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Assessing fiscal episodes [PDF]
In an OCDE panel, for the period 1970-2010, we assess the effects of fiscal consolidation episodes, with four different definitions. Our results reveal that lower final government consumption would increase private consumption in three out of the four ...
António Afonso, João Tovar Jalles
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Austerity policy and child health in European countries: a systematic literature review. [PDF]
BMC Public Health, 2020 Rajmil L +5 more
europepmc +1 more source
Cyclically Adjusted Fiscal Balance: OECD and ESCB Methods [PDF]
The paper considers the impact of the business cycle on Czech fiscal balance in the past decade. The authors employed two different calculation methods in their analysis: an OECD and an ESCB method. Two crucial findings emerged from the analysis.
Aleš Kreidl +2 more
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An Evaluation of the OECD Cyclically-Adjusted Primary Government Balance Forecasts
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 ...
Jef Vuchelen, Jesse De Wit
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Does globalization enhance the role of fiscal policy in economic stabilization? [PDF]
This note proposes a research agenda for studying the implications of enhanced capital mobility and limited de facto exchange rate flexibility for the conduct of macroeconomic stabilization.
Alena Kimakova
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Recent quantitative research on determinants of health in high income countries: A scoping review. [PDF]
PLoS One, 2020 Varbanova V, Beutels P.
europepmc +1 more source
Indicators of the Cyclically Adjusted Budget Balance: The Bank of Finland's Experience [PDF]
Cyclically adjusted government budget balances have become increasingly popular as a means of analysing the fiscal situation and changes in policy that result from the intentional actions of the government. As the actual budget balances are affected both
Tujula, Mika +2 more
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Quo vadis, deficit? How high the tax level will be when the economic cycle reverses? [PDF]
The economic recession dampened tax revenues, causing deterioration – partly temporary, partly permanent – in the general government balance. The fiscal position can be assessed realistically if we can determine the level of revenue and deficit in the ...
Zoltán Reppa, Gábor P. Kiss
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Trends in social determinants of child health and perinatal outcomes in European countries 2005-2015 by level of austerity imposed by governments: a repeat cross-sectional analysis of routinely available data. [PDF]
BMJ Open, 2018 Rajmil L +4 more
europepmc +1 more source