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Fiscal statistics for Sweden 1719-2003

Author

Listed:
  • Fregert, Klas

    () (Department of Economics, Lund University)

  • Gustafsson, Roger

    (Department of Economics, Lund University)

Abstract

We construct yearly fiscal series for Sweden between 1719 and 2003 including expenditures, revenues, deficits and debt. We present measures for the fiscal branch of the central government as well as for the consolidated fiscal and monetary branch, which includes seigniorage. We evaluate the reliability and consistency of the series by calculating the difference between budget deficits and the change in debt to test if the differences are serially uncorrelated around zero, which we confirm.

Suggested Citation

  • Fregert, Klas & Gustafsson, Roger, 2005. "Fiscal statistics for Sweden 1719-2003," Working Papers 2005:40, Lund University, Department of Economics.
  • Handle: RePEc:hhs:lunewp:2005_040
    Note: Unpublished appendices to: Fregert, Klas and Roger Gustafsson, (2008),“Fiscal statistics for Sweden 1719-2003”, Research in Economic History 25, pp. 169-224 available here
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    File URL: http://project.nek.lu.se/publications/workpap/Papers/WP05_40_app.pdf
    File Function: Unpublished appendices
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    References listed on IDEAS

    as
    1. Fischer, Stanley, 1982. "Seigniorage and the Case for a National Money," Journal of Political Economy, University of Chicago Press, vol. 90(2), pages 295-313, April.
    2. Blejer, Mario I & Cheasty, Adrienne, 1991. "The Measurement of Fiscal Deficits: Analytical and Methodological Issues," Journal of Economic Literature, American Economic Association, vol. 29(4), pages 1644-1678, December.
    3. Fratianni,Michele & Spinelli,Franco, 2005. "A Monetary History of Italy," Cambridge Books, Cambridge University Press, number 9780521023450, April.
    4. Sargent, Thomas J & Velde, Francois R, 1995. "Macroeconomic Features of the French Revolution," Journal of Political Economy, University of Chicago Press, vol. 103(3), pages 474-518, June.
    5. Eisner, Robert & Pieper, Paul J, 1986. "A New View of the Federal Debt and Budget Deficits: Reply," American Economic Review, American Economic Association, vol. 76(5), pages 1156-1157, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. S. M. Ali Abbas & Laura Blattner & Mark De Broeck & Asmaa A ElGanainy & Malin Hu, 2014. "Sovereign Debt Composition in Advanced Economies; A Historical Perspective," IMF Working Papers 14/162, International Monetary Fund.
    2. Carmen M. Reinhart, 2010. "This Time is Different Chartbook: Country Histories on Debt, Default, and Financial Crises," NBER Working Papers 15815, National Bureau of Economic Research, Inc.
    3. Ohlsson, Henry, 2011. "The legacy of the Swedish gift and inheritance tax, 1884–2004," European Review of Economic History, Cambridge University Press, vol. 15(03), pages 539-569, December.
    4. Carmen M. Reinhart & M. Belen Sbrancia1, 2015. "The liquidation of government debt," Economic Policy, CEPR;CES;MSH, vol. 30(82), pages 291-333.
    5. Piotr Koryś & Maciej Tymiński, 2013. "Polish and Swedish Fiscal Policy in the Years 1772-1792. A Short-Run Analysis," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 33.

    More about this item

    Keywords

    Fiscal Policy; Expenditures; Revenues; Deficits; Government debt; Seigniorage;

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-

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