Advanced Search
MyIDEAS: Login to save this paper or follow this series

Suggestions for a New Set of Fiscal Indicators

Contents:

Author Info

  • Olivier Jean Blanchard

Abstract

There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be sustained, or will the government have to adjust taxes or spending? (3) What is the effect of fiscal policy on activity, through its effects on relative prices, be it the price of labour or the price of capital? (4) What is the macroeconomic impact of fiscal policy, through deficit and debt finance? This paper is one of three in this Working Paper Series, along with those by Chouraqui et al . and Gramlich, in which the assessment of fiscal policy is reconsidered. It argues that no single indicator can give even rough answers to all those questions. It then develops four (sets of) indicators, aimed at answering each of the questions ... Les indicateurs de politique budgétaire sont susceptibles d'apporter des éléments de réponse à quatre séries de questions : (1) Quelle part doit-on attribuer respectivement à l'environnement économique et aux mesures dites "discrétionnaires" dans les variations observées du solde budgétaire ? (2) La politique budgétaire dans sa forme actuelle peut-elle être poursuivie, ou bien les autorités devront-elles procéder à un réajustement des recettes fiscales ou des dépenses publiques ? (3) Quel impact la politique budgétaire exerce-t-elle sur l'activité, par le biais de ses effets sur les prix relatifs, tant du travail que du capital ? (4) Dans quelle mesure le déficit et le financement de la dette publique affectent-ils l'impact de la politique budgétaire ? L'étude qui suit fait partie intégrante de trois contributions sur les méthodes d'évaluation des politiques budgétaires, publiées dans cette série des Documents de Travail de l'OCDE; les deux autres contributions, de Chouraqui et ...

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://dx.doi.org/10.1787/435618162862
Download Restriction: no

Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 79.

as in new window
Length:
Date of creation: Apr 1990
Date of revision:
Handle: RePEc:oec:ecoaaa:79-en

Contact details of provider:
Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16
Phone: 33-(0)-1-45 24 82 00
Fax: 33-(0)-1-45 24 85 00
Email:
Web page: http://www.oecd.org
More information through EDIRC

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:79-en. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.