When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances

When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances
Author: Fabian Bornhorst
Publisher: International Monetary Fund
Total Pages: 39
Release: 2011-04-11
Genre: Business & Economics
ISBN: 1475510209

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Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advice and guidance, drawn in part from unpublished technical assistance reports, to a broader audience. This new series was launched in August 2009.


When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances
Language: en
Pages: 39
Authors: Fabian Bornhorst
Categories: Business & Economics
Type: BOOK - Published: 2011-04-11 - Publisher: International Monetary Fund

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Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advic
Correcting “Beyond the Cycle
Language: en
Pages: 36
Authors: MissEstelle X. Liu
Categories: Business & Economics
Type: BOOK - Published: 2015-05-19 - Publisher: International Monetary Fund

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This paper outlines an operational approach for incorporating the impact of asset price cycles in the calculation of structural fiscal balances (SFBs). The glob
Hysteresis and Business Cycles
Language: en
Pages: 50
Authors: Ms.Valerie Cerra
Categories: Business & Economics
Type: BOOK - Published: 2020-05-29 - Publisher: International Monetary Fund

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Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi
Fiscal Rules—Anchoring Expectations for Sustainable Public Finances
Language: en
Pages: 73
Authors: International Monetary Fund. Fiscal Affairs Dept.
Categories: Business & Economics
Type: BOOK - Published: 2009-12-11 - Publisher: International Monetary Fund

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The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public f
Fiscal Policy During Absorption Cycles
Language: en
Pages: 34
Authors: MissGabriela Dobrescu
Categories: Business & Economics
Type: BOOK - Published: 2011-02-01 - Publisher: International Monetary Fund

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Domestic absorption cycles are relevant in assessment and design of fiscal policies. Our cross-country analysis covers 59 advanced and emerging countries for th