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Fiscal indicators - Proceedings of the the Directorate-General for Economic and Financial Affairs Workshop held on 22 September 2006 in Brussels

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  • Martin Larch
  • João Nogueira Martins

Abstract

Fiscal indicators are the backbone of effective fiscal policy-making, including the coordination and surveillance of budgetary policy at the EU level. The quality and success of the EU surveillance framework, in particular the timeliness and appropriateness of any policy recommendation or decision taken in the context of the Stability and Growth Pact (SGP), crucially depend on the quality of its diagnostic instruments. The right conclusions can only be drawn if the underlying analysis is comprehensive and accurate.

Suggested Citation

  • Martin Larch & João Nogueira Martins, 2007. "Fiscal indicators - Proceedings of the the Directorate-General for Economic and Financial Affairs Workshop held on 22 September 2006 in Brussels," European Economy - Economic Papers 2008 - 2015 297, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  • Handle: RePEc:euf:ecopap:0297
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    More about this item

    Keywords

    fiscal indicators; government budget; EU fiscal surveillance; sustainability of fiscal policy; cyclically adjusted budget balance; Larch; Nogueira Martins;
    All these keywords.

    JEL classification:

    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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