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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Liu, Estelle
Awduron Eraill: Mattina, Todd, Poghosyan, Tigran
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/109
Mynediad Ar-lein:Full text available on IMF