Automatic fiscal stabilizers
Includes bibliography
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| Lenguaje: | English |
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2014
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| Acceso en línea: | http://hdl.handle.net/11362/10738 |
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oai-11362-107382020-03-03T20:03:42Z Automatic fiscal stabilizers Martner Fanta, Ricardo DEFICIT PRESUPUESTARIO GASTOS PUBLICOS INGRESOS FISCALES POLITICA FISCAL PRESUPUESTOS NACIONALES BUDGET DEFICITS FISCAL POLICY NATIONAL BUDGETS PUBLIC EXPENDITURES TAX REVENUES Includes bibliography In this article, indicators of fiscal discretionality are estimated using a simple methodology, and in this way the cyclical component of the public accounts balance (i.e., the amounts of income and expenditure associated with transitory movements of the level of activity); is identified for a number of Latin American countries in the 1990s. The difference gives a measure of the discretional balance, which represents a medium-term indicator of the state of the public accounts. Budgetary rules which take account of these mechanisms not only ensure sustainability over time but also reduce the cyclical nature of the public finances, provided they are applied in a transparent and symmetrical manner. This method provides series which make it possible to follow up the structural and cyclical components of public deficits in Latin America, using a standard methodology and with minimal information needs, in order to focus the relevant discussions (and the necessary adjustments); on a medium-term horizon. 2014-01-02T18:42:33Z 2014-01-02T18:42:33Z 2000-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10738 LC/G.2095-P en CEPAL Review CEPAL Review 70 application/pdf AMERICA LATINA LATIN AMERICA |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
DEFICIT PRESUPUESTARIO GASTOS PUBLICOS INGRESOS FISCALES POLITICA FISCAL PRESUPUESTOS NACIONALES BUDGET DEFICITS FISCAL POLICY NATIONAL BUDGETS PUBLIC EXPENDITURES TAX REVENUES |
| spellingShingle |
DEFICIT PRESUPUESTARIO GASTOS PUBLICOS INGRESOS FISCALES POLITICA FISCAL PRESUPUESTOS NACIONALES BUDGET DEFICITS FISCAL POLICY NATIONAL BUDGETS PUBLIC EXPENDITURES TAX REVENUES Martner Fanta, Ricardo Automatic fiscal stabilizers |
| description |
Includes bibliography |
| format |
Texto |
| author |
Martner Fanta, Ricardo |
| author_facet |
Martner Fanta, Ricardo |
| author_sort |
Martner Fanta, Ricardo |
| title |
Automatic fiscal stabilizers |
| title_short |
Automatic fiscal stabilizers |
| title_full |
Automatic fiscal stabilizers |
| title_fullStr |
Automatic fiscal stabilizers |
| title_full_unstemmed |
Automatic fiscal stabilizers |
| title_sort |
automatic fiscal stabilizers |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/10738 |
| work_keys_str_mv |
AT martnerfantaricardo automaticfiscalstabilizers |
| _version_ |
1718433023711510528 |