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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Liu, Estelle
מחברים אחרים: Mattina, Todd, Poghosyan, Tigran
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2015.
סדרה:IMF Working Papers; Working Paper ; No. 2015/109
גישה מקוונת:Full text available on IMF