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Soutenabilité des déficits et ajustements budgétaires

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  • Pierre-Yves Hénin

Abstract

[fre] Nous proposons une synthèse de la littérature récente qui s'attache à évaluer la soutenabilité des déficits publics, à analyser les raisons d'être de déficits persis­tants et notamment la difficulté relative d'augmenter les impôts ou de réduire les dépenses et à mesurer les coûts potentiels, en matière de stabilisation macroéco­nomique, de règles restrictives limitant la possibilité pour les gouvernements de pratiquer des déficits conjoncturels importants. [eng] We survey the littérature on three related issues, focal for the current debate on fiscal policy.. i) Assessment of the sustainability of public deficits. il) Alternative explanations of persistent deficits, including the relative difficulty of raising taxes and reducing expenditures. iii) Stabilization cost of fiscal rules restricting the ability of national or regional governments to run temporary deficits.

Suggested Citation

  • Pierre-Yves Hénin, 1997. "Soutenabilité des déficits et ajustements budgétaires," Revue Économique, Programme National Persée, vol. 48(3), pages 371-395.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1997_num_48_3_409880
    DOI: 10.3406/reco.1997.409880
    Note: DOI:10.3406/reco.1997.409880
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    2. António Afonso & João Jalles, 2014. "A longer-run perspective on fiscal sustainability," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 821-847, November.
    3. Menguy, Séverine, 2008. "A dynamic rule applied to the threshold imposed on the European budgetary deficits," Journal of Policy Modeling, Elsevier, vol. 30(6), pages 1093-1105.
    4. António Afonso, 2005. "Fiscal Sustainability: The Unpleasant European Case," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 61(1), pages 19-44, March.
    5. Sébastien Pommier, 2004. "Évolutions et asymétries des règles européennes de politique budgétaire et mise en oeuvre du Pacte de stabilité," Économie et Prévision, Programme National Persée, vol. 162(1), pages 95-109.
    6. Sophie Garcia & Adrien Verdelhan, 2001. "Le policy-mix de la zone euro. Une évaluation de l'impact des chocs monétaires et budgétaires," Économie et Prévision, Programme National Persée, vol. 148(2), pages 23-40.

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