Cyclically Adjusted Budget Balances: an Alternative Approach
AbstractEstimates of cyclically-adjusted budget balances, correcting actual government budget balances for business cycle fluctuations, are produced by many institutions, including the European Commission, the IMF and the OECD. This paper presents an alternative approach for the cyclical adjustment of budget balances.
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Bibliographic InfoPaper provided by Quebec a Montreal - Recherche en gestion in its series Papers with number 77.
Length: 72 pages
Date of creation: 2001
Date of revision:
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Postal: Canada; Universite du Quebec a Montreal, Centre de recherche en gestion. Case postale 8888, succursale A, Montreal (Quebec) Canada H3C 3P8
FISCAL POLICY ; GOVERNMENT ; BUDGET ; BUSINESS CYCLES;
Other versions of this item:
- Bouthevillain, Carine & Cour-Thimann, Philippine & van de Dool, Gerrit & Hernández de Cos, Pablo & Langenus, Geert & Mohr, Matthias & Momigliano, Sandro & Tujula, Mika, 2001. "Cyclically adjusted budget balances: an alternative approach," Working Paper Series 0077, European Central Bank.
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Regina Kaiser & Agustín Maravall, 1999. "Estimation of the Business Cycle: a Modified Hodrick-Prescott Filter," Banco de Espaï¿½a Working Papers 9912, Banco de Espa�a.
- Regina Kaiser & Agustín Maravall, 1999.
"Estimation of the Business Cycle: a Modified Hodrick-Prescott Filter,"
Banco de Espaï¿½a Working Papers
9912, Banco de Espa�a.
- Regina Kaiser & Agustín Maravall, 1999. "Estimation of the business cycle: A modified Hodrick-Prescott filter," Spanish Economic Review, Springer, vol. 1(2), pages 175-206.
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