Endettement public et redistribution en France de 1980 à 2004
AbstractThis article deals with public debt dynamics in France. It also analyses several contemporary debates such as Ricardian equivalence, sustainability and budget balance decomposition. Public deficit is not necessarily the result of a Keynesian type of expansionary fiscal policy. It can also stem from insufficient tax resources creating a reversal bottom-up redistribution. The deficit would be then recessionary. In the latter case, expenditures' reduction can only worsen the macroeconomic environment.
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Bibliographic InfoPaper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number r06006.
Length: 24 pages
Date of creation: Jan 2006
Date of revision:
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Public debt; redistribution; sustainability; structural balance; fiscal policy; recessionary deficit.;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
- I00 - Health, Education, and Welfare - - General - - - General
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- repec:spo:wpecon:info:hdl:2441/1831 is not listed on IDEAS
- Bruno Méary & Yannick L'Horty & Bruno Crépon & Jean-Philippe Cotis, 1998. "Les stabilisateurs automatiques sont-ils encore efficaces ? Le cas de la France dans les années quatre-vingt-dix," Revue d'Économie Financière, Programme National Persée, vol. 45(1), pages 95-118.
- Catherine Mathieu & Henri Sterdyniak, 2005. "Pacte de stabilité : la réforme impossible," Sciences Po publications info:hdl:2441/1831, Sciences Po.
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