Putting Structural Budget Balances on Reliable Footing
Abstract The design of future fiscal rules is currently being debated in Germany and the EU. A recurring point is the calculation of the structural budget balance. In the following, we present five criteria that should be fulfilled by structural budget balances. Moreover, we analyse the expost revis...
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| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2022-02-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3114-7 |
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| Summary: | Abstract The design of future fiscal rules is currently being debated in Germany and the EU. A recurring point is the calculation of the structural budget balance. In the following, we present five criteria that should be fulfilled by structural budget balances. Moreover, we analyse the expost revisions of the existing production function approach and present a surveybased method that mitigates revision problems. |
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| ISSN: | 0043-6275 1613-978X |