Correcting 'Beyond the Cycle" : Accounting for Asset Prices in Structural Fiscal Balances /
This paper outlines an operational approach for incorporating the impact of asset price cycles in the calculation of structural fiscal balances (SFBs). The global financial crisis demonstrated that movements in asset prices can have an important fiscal impact. Failing to account for the fiscal impac...
Hovedforfatter: | Liu, Estelle |
---|---|
Andre forfattere: | Mattina, Todd, Poghosyan, Tigran |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2015.
|
Serier: | IMF Working Papers; Working Paper ;
No. 2015/109 |
Online adgang: | Full text available on IMF |
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When and How to Adjust Beyond the Business Cycle? : A Guide to Structural Fiscal Balances /
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