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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Liu, Estelle
Rannpháirtithe: Mattina, Todd, Poghosyan, Tigran
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/109
Rochtain ar líne:Full text available on IMF