Cyclicality of Revenue and Structural Balances in South Africa /

This paper applies a disaggregated method for the calculation of the cyclical component of the budget balance for South Africa with an emphasis on the effect of commodity and asset prices, and credit cycle. Results show that the cyclicality of tax revenue is mostly explained by the variations in tax...

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Detalhes bibliográficos
Autor principal: Aydin, Burcu
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Working Papers; Working Paper ; No. 2010/216
Acesso em linha:Full text available on IMF