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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Liu, Estelle
مؤلفون آخرون: Mattina, Todd, Poghosyan, Tigran
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:IMF Working Papers; Working Paper ; No. 2015/109
الوصول للمادة أونلاين:Full text available on IMF