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Structural Balance Targeting and Output Gap Uncertainty

Structural Balance Targeting and Output Gap Uncertainty »

Volume/Issue: 2014/107

Series: IMF Working Papers

Author(s): Eugen Tereanu , Anita Tuladhar , and Alejandro Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2014

DOI: http://dx.doi.org/10.5089/9781498305167.001

ISBN: 9781498305167

Keywords: structural balance, cyclically adjusted balance, budget year, budget preparation, fiscal effort, structural fiscal, General,

Potential output estimation plays a crucial role in conducting fiscal policy based on structural balances. Difficulties in estimating potential output could lead to an erroneous policy stance with a consequent impa...

The Structural Budget Balance The IMF's Methodology

The Structural Budget Balance The IMF's Methodology »

Volume/Issue: 1999/95

Series: IMF Working Papers

Author(s): Robert Hagemann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

DOI: http://dx.doi.org/10.5089/9781451851809.001

ISBN: 9781451851809

Keywords: Budget balance, structural budget balance, unemployment, budget balances

This paper describes the methodology used by the IMF staff to calculate the structural budget balance, estimates of which are published regularly in the IMF’s World Economic Outlook. The structural budget ba...

Too Small to Fail? Subnational Spending Pressures in Europe

Too Small to Fail? Subnational Spending Pressures in Europe »

Volume/Issue: 2013/46

Series: IMF Working Papers

Author(s): Luc Eyraud , and Marialuz Moreno Badia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 February 2013

DOI: http://dx.doi.org/10.5089/9781475578157.001

ISBN: 9781475578157

Keywords: fiscal federalism, local governments, EU, decentralization, subnational governments, expenditure decentralization, fiscal decentralization, Structure and Scope of Government, Deficit, General

The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three eco...

Who Controls the Budget
			: The Legislature or the Executive?

Who Controls the Budget : The Legislature or the Executive? »

Volume/Issue: 2005/115

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

DOI: http://dx.doi.org/10.5089/9781451861341.001

ISBN: 9781451861341

Keywords: Legislature, executive, presidential, parliament, budget, power, annual budget, budget law, fiscal rules, budget systems

Country-specific factors prevent a strong linear relationship between the legislature's budgetary powers and the extent of its separation from the executive. Electoral and voting systems, bicameralism, constitution...

IMF Working Papers

IMF Working Papers »

Source: IMF Staff papers : Volume 42 No. 1

Volume: 42

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451957068

Keywords: budget, debt, budget deficits, public debt, deficit

This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not othe...

Ireland

Ireland »

Source: Ireland : Request for an Extended Arrangement-Staff Report; Staff Supplement; Staff Statement; and Press Release on the Executive Board Discussion.

Volume/Issue: 2010/366

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2010

ISBN: 9781455212897

Keywords: debt, deficit, central bank, interest, budget

The economic and financial pressures facing Ireland are intense. The banking sector is at the fulcrum of Ireland's problems. The program, therefore, aims to restore the banking system. It will address structural pr...

Ireland—Assessment of the Risks to the Fund and the Fund’s Liquidity Position

Ireland—Assessment of the Risks to the Fund and the Fund’s Liquidity Position »

Source: Ireland : Request for an Extended Arrangement-Staff Report; Staff Supplement; Staff Statement; and Press Release on the Executive Board Discussion.

Volume/Issue: 2010/366

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2010

ISBN: 9781455212897

Keywords: debt, deficit, central bank, interest, budget

The economic and financial pressures facing Ireland are intense. The banking sector is at the fulcrum of Ireland's problems. The program, therefore, aims to restore the banking system. It will address structural pr...

Ireland: Second Post-Program Monitoring Discussions; Staff Report; and Press Release

Ireland: Second Post-Program Monitoring Discussions; Staff Report; and Press Release »

Source: Ireland : Second Post-Program Monitoring Discussions; Staff Report; and Press Release

Volume/Issue: 2015/19

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2015

ISBN: 9781484307960

Keywords: investment, monetary fund, mortgage, budget

Ireland's recovery has strengthened yet political challenges to adjustment appear to have increased. The recovery is led by job creation and investment financed by retained earnings rather than lending. But uncerta...

Ireland: Selected Issues

Ireland: Selected Issues »

Source: Ireland : Selected Issues

Volume/Issue: 2005/370

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2005

ISBN: 9781451818826

Keywords: budget, interest, fiscal balance, revenue forecast, department of finance

This Selected Issues paper for Ireland highlights that fiscal consolidation resulted in a tremendous reduction in public debt from nearly 100 percent of GDP in 1991 to about 30 percent in 2004. This has reflected a...

Ireland: Selected Issues

Ireland: Selected Issues »

Source: Ireland : Selected Issues

Volume/Issue: 2005/370

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 October 2005

ISBN: 9781451818826

Keywords: budget, interest, fiscal balance, revenue forecast, department of finance

This Selected Issues paper for Ireland highlights that fiscal consolidation resulted in a tremendous reduction in public debt from nearly 100 percent of GDP in 1991 to about 30 percent in 2004. This has reflected a...