How to measure the fiscal deficit: analytical and methodological issues

Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of resources is therefore an important prerequisite for managing the macroec...

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Bibliographic Details
Main Author Blejer, Mario
Format eBook
LanguageEnglish
Published INTERNATIONAL MONETARY FUND 31.12.1993
Subjects
Budget deficits
Fiscal policy
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Summary:Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of resources is therefore an important prerequisite for managing the macroeconomy. This volume, edited by Mario I. Blejer and Adrienne Cheasty, is organized around four issues: the adequacy of summary measures of the fiscal deficit, conventional and adjusted deficits, coverage (size) of the public sector, and the public sector's intertemporal budget constraint.
ISBN:9781557751928
1557751927