Reforming Budgetary Language
In the context of several examples of problems associated with present budgetary conventions, I revisit Musgrave's conceptual division of the government's program into Allocation, Distribution and Stabilization Branch subbudgets. I suggest progress towards Musgrave's ideal of a more informative budgetary 'language,' one less dependent on arbitrary institutional labeling, must be based on the nonarbitrary description of the individual's economic environment, as it is affected by government. As a first approximation, that environment can be summed up in terms of the individual's budget constraint and levels of public goods provided. Simple models suggest that an unambiguous budgetary language may be feasible but there remains much to clarify about both the objectives of the exercise and the specifics of methods to deal with particular problems.
|Date of creation:||Oct 2001|
|Date of revision:|
|Publication status:||published as Cnossen, Sijbren and Ahns-Werner Sinn (eds.) Public finance and public policy in the new century, CESifo Seminar Series. Cambridge and London: MIT Press, 2003.|
|Contact details of provider:|| Postal: |
Web page: http://www.nber.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alan J. Auerbach & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "Introduction to "Generational Accounting around the World"," NBER Chapters, in: Generational Accounting around the World, pages 1-8 National Bureau of Economic Research, Inc.
- Allen, Franklin, 1982. "Optimal linear income taxation with general equilibrium effects on wages," Journal of Public Economics, Elsevier, vol. 17(2), pages 135-143, March.
- David F. Bradford & Derrick A. Max, 1996.
"Implicit Budget Deficits: The Case of a Mandated Shift to Community-Rated Health Insurance,"
NBER Working Papers
5514, National Bureau of Economic Research, Inc.
- David F. Bradford & Derrick A. Max, 1997. "Implicit Budget Deficits: The Case of a Mandated Shift to Community-Rated Health Insurance," NBER Chapters, in: Tax Policy and the Economy, Volume 11, pages 129-168 National Bureau of Economic Research, Inc.
- David Bradford, 1995. "The Distributional Analysis of Tax Policy," Books, American Enterprise Institute, number 52866, October.
- Shaviro, Daniel, 1997. "Do Deficits Matter?," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226751122, June.
- Alan J. Auerbach & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "Generational Accounting around the World," NBER Books, National Bureau of Economic Research, Inc, number auer99-1, July.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:8500. 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 references are entirely missing, you can add them using this form.