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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| Format: | Article |
| Language: | deu |
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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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| _version_ | 1832574187943755776 |
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| author | Marcell Göttert Timo Wollmershäuser |
| author_facet | Marcell Göttert Timo Wollmershäuser |
| author_sort | Marcell Göttert |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-c992622e4fd449c8bfd49c99fe3dfbf2 |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2022-02-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-c992622e4fd449c8bfd49c99fe3dfbf22025-02-02T00:31:51ZdeuSciendoWirtschaftsdienst0043-62751613-978X2022-02-01102210811310.1007/s10273-022-3114-7Putting Structural Budget Balances on Reliable FootingMarcell Göttert0Timo Wollmershäuser1Agenda Austria ∣ Denkfabrikifo Zentrum für Makroökonomik und Befragungen, ifo Institut - Leibniz-Institut für Wirtschaftsforschung an der Universität Muenchen e.V.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.https://doi.org/10.1007/s10273-022-3114-7 |
| spellingShingle | Marcell Göttert Timo Wollmershäuser Putting Structural Budget Balances on Reliable Footing Wirtschaftsdienst |
| title | Putting Structural Budget Balances on Reliable Footing |
| title_full | Putting Structural Budget Balances on Reliable Footing |
| title_fullStr | Putting Structural Budget Balances on Reliable Footing |
| title_full_unstemmed | Putting Structural Budget Balances on Reliable Footing |
| title_short | Putting Structural Budget Balances on Reliable Footing |
| title_sort | putting structural budget balances on reliable footing |
| url | https://doi.org/10.1007/s10273-022-3114-7 |
| work_keys_str_mv | AT marcellgottert puttingstructuralbudgetbalancesonreliablefooting AT timowollmershauser puttingstructuralbudgetbalancesonreliablefooting |