OECD Economics Department Working Papers

Measuring Cyclically-adjusted Budget Balances for OECD Countries

DOI:https://doi.org/10.1787/787626008442

Measuring cyclically-adjusted budget balances for OECD countries An important tool in the analysis of fiscal policy is the distinction between structural and cyclical components of the budget balance. This paper describes work undertaken to re-estimate and re-specify the elasticities underlying...



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