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Considering the IMF's Perspective on a "Sound Fiscal Policy"

Considering the IMF's Perspective on a "Sound Fiscal Policy" »

Source: Considering the IMF's Perspective on a "Sound Fiscal Policy"

Volume/Issue: 2002/8

Series: IMF Policy Discussion Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

ISBN: 9781451971019

Keywords: Fiscal policy, IMF, International Monetary Fund, fiscal sustainability, fiscal position, fiscal policies, public debt, Fiscal Policies And Behavior Of Economic Agents, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy

This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fi...

The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability

The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability »

Source: The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability

Volume/Issue: 1996/72

Series: IMF Working Papers

Author(s): Francesco Mongelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1996

ISBN: 9781451849295

Keywords: fiscal sustainability, public debt, fiscal discipline, fiscal variables, government expenditure

This paper presents a methodology to analyze the responsiveness of fiscal sustainability to the “endogenous fiscal discipline” that will be strengthened by the EMU. This discipline arises in response...

Considering the IMF's Perspective on a "Sound Fiscal Policy"

Considering the IMF's Perspective on a "Sound Fiscal Policy" »

Volume/Issue: 2002/8

Series: IMF Policy Discussion Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

DOI: http://dx.doi.org/10.5089/9781451971019.003

ISBN: 9781451971019

Keywords: Fiscal policy, IMF, International Monetary Fund, fiscal sustainability, fiscal position, fiscal policies, public debt, Fiscal Policies And Behavior Of Economic Agents, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy

This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fi...

Signaling Fiscal Regime Sustainability

Signaling Fiscal Regime Sustainability »

Volume/Issue: 1999/86

Series: IMF Working Papers

Author(s): Alessandro Prati , and Francesco Drudi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

DOI: http://dx.doi.org/10.5089/9781451850864.001

ISBN: 9781451850864

Keywords: signaling, fiscal stabilization, tax smoothing, debt sustainability, credit ratings, debt stock, stock of debt, public debt, fiscal regime, primary deficit

This paper proposes a signaling model that offers a new perspective on why governments deviate from optimal tax smoothing and delay debt stabilization. In our model, dependable—but not fully credible—...

The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability

The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability »

Volume/Issue: 1996/72

Series: IMF Working Papers

Author(s): Francesco Mongelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1996

DOI: http://dx.doi.org/10.5089/9781451849295.001

ISBN: 9781451849295

Keywords: fiscal sustainability, public debt, fiscal discipline, fiscal variables, government expenditure

This paper presents a methodology to analyze the responsiveness of fiscal sustainability to the “endogenous fiscal discipline” that will be strengthened by the EMU. This discipline arises in response...

Signaling Fiscal Regime Sustainability

Signaling Fiscal Regime Sustainability »

Source: Signaling Fiscal Regime Sustainability

Volume/Issue: 1999/86

Series: IMF Working Papers

Author(s): Alessandro Prati , and Francesco Drudi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

ISBN: 9781451850864

Keywords: signaling, fiscal stabilization, tax smoothing, debt sustainability, credit ratings, debt stock, stock of debt, public debt, fiscal regime, primary deficit

This paper proposes a signaling model that offers a new perspective on why governments deviate from optimal tax smoothing and delay debt stabilization. In our model, dependable—but not fully credible—...