Adjusting Fiscal Balances for Asset Price Cycles
This paper develops a method for adjusting structural budget balances for asset price cycles and presents estimates of structural budget balances corrected for house-price and equity-price cycles for OECD countries. The traditional cyclically adjusted budget balance indicator, which is the basis for...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
Paris :
OECD Publishing,
2011
|
| Series: | OECD Economics Department Working Papers,
no.868 |
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|