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Balance Estructural del Gobierno Central. Metodología y Estimaciones para Chile
[Structural Bazlance of Central Government. Methodology and estimates for Chile]

  • Marcel, Mario

In 2001, Chile was one of the first countries in the world to adopt a structural balance fiscal rule. This paper provides the foundations of the choice of the rule, its methodological design and its initial estimates for the period 1987-2000. The paper also includes a discussion about the use of the structural budget balance for the ex-ante analysis of fiscal policy as compared to the formulation of fiscal policy.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43338.

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Date of creation: Sep 2001
Date of revision:
Handle: RePEc:pra:mprapa:43338
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  1. Robert J. Barro, 1989. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
  2. Patrice Muller & Robert W.R. Price, 1984. "Structural Budget Deficits and Fiscal Stance," OECD Economics Department Working Papers 15, OECD Publishing.
  3. repec:tpr:qjecon:v:106:y:1991:i:2:p:407-43 is not listed on IDEAS
  4. Martner Fanta, Ricardo, 1996. "Indicadores de la política fiscal: diseño y aplicaciones para Chile," Revista CEPAL, United Nations Economic Commission for Latin America and the Caribbean (ECLAC), April.
  5. Claude Giorno & Pete Richardson & Deborah Roseveare & Paul van den Noord, 1995. "Estimating Potential Output, Output Gaps and Structural Budget Balances," OECD Economics Department Working Papers 152, OECD Publishing.
  6. David J. Ott & Attiat F. Ott, 1965. "Budget Balance And Equilibrium Income," Journal of Finance, American Finance Association, vol. 20(1), pages 71-77, 03.
  7. Jocelyn Horne, 1991. "Indicators of Fiscal Sustainability," IMF Working Papers 91/5, International Monetary Fund.
  8. Robert P. Hagemann, 1999. "The Structural Budget Balance The IMF’s Methodology," IMF Working Papers 99/95, International Monetary Fund.
  9. repec:oup:qjecon:v:106:y:1991:i:2:p:407-43 is not listed on IDEAS
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