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Economic Deficit On The Logic Of The Gap In Economy

Author

Listed:
  • Dinga, Emil

    (Romanian Banking Institute; Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

The study aims to discuss especially the matter of economic gap in general, and of the budget gap in particular (the difference between revenues and expenditures, being planned at either the level actually achieved). To this end, it proposes a number of classification criteria that are used to identify a series of economic gap classes, both from theoretical and practical point of view. Each such classification is accompanied by conceptual comments, with a special focuses on their significance and relevance for economic analysis.

Suggested Citation

  • Dinga, Emil, 2010. "Economic Deficit On The Logic Of The Gap In Economy," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 14(1), pages 141-149.
  • Handle: RePEc:vls:finstu:v:14:y:2010:i:1:p:141-149
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    More about this item

    Keywords

    deficit; gap; public deficit;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

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