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Sweden: Selected Issues

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 1997/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 1997

ISBN: 9781451835847

Keywords: unemployment, interest expenditure, structural unemployment, fiscal impulse, unemployment rate

This Selected Issues paper on Sweden examines developments in the government structural balance. The paper identifies the respective contributions of cyclical and structural factors in the present fiscal consolidat...

Sweden: Selected Issues

Sweden: Selected Issues »

Source: Sweden : Selected Issues

Volume/Issue: 1997/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 1997

ISBN: 9781451835847

Keywords: unemployment, interest expenditure, structural unemployment, fiscal impulse, unemployment rate

This Selected Issues paper on Sweden examines developments in the government structural balance. The paper identifies the respective contributions of cyclical and structural factors in the present fiscal consolidat...

Republic of Belarus

Republic of Belarus »

Source: Republic of Belarus : Selected Issues

Volume/Issue: 2005/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2005

ISBN: 9781451805185

Keywords: fiscal activities, quasi-fiscal activities, fiscal impulse, budget balance, transition economies

This Selected Issues paper highlights the growth process in Belarus, seeking to identify its main sources and assess its sustainability. It complements the IMF staff report, which placed considerable emphasis on ma...

Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy1

Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy1 »

Source: Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy

Volume/Issue: 2010/197

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455205271

Keywords: Bayesian Analysis, New Keynesian Phillips Curve, Cyclically-Adjusted Balance, Fiscal Stance, Fiscal Impulse, fiscal balance,

This paper employs several econometric techniques to estimate the Armenian output gap. The findings indicate that the output gap is significantly positive in 2007 and 2008 and decreased dramatically in 2009. The pa...

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This section contains a short theoretical exposition of how the budget balance might be adjusted for changes in interest and exchange rates, consistent with purchasing-power-accrual accounting. Adju...

I Introduction

I Introduction »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

In its World Economic Outlook exercise, the International Monetary Fund uses a quantitative indicator to gauge the direct expansionary or contractionary impulse that fiscal policy exerts on aggregate demand...

II A Brief Review of Alternative Measures for Assessing the Stance and Thrust of Fiscal Policy

II A Brief Review of Alternative Measures for Assessing the Stance and Thrust of Fiscal Policy »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

It has long been recognized that the actual budgetary position of a government may be a misleading indicator of the thrust of fiscal policy, because it is not clear whether changes in that position are the c...

III Choice of Potential Growth Rate

III Choice of Potential Growth Rate »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

Both the fiscal impulse and structural balance measures are sensitive to the assumed rate of potential GDP growth. The gap between potential and actual output directly enters into the calculation of the cycl...

IV Adjustments for Changes in Unemployment and Unemployment Compensation

IV Adjustments for Changes in Unemployment and Unemployment Compensation »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

Under the present fiscal impulse methodology of the Fund, the growth of government expenditures other than unemployment insurance benefits is regarded as cyclically neutral if it is equal to the growth of po...

V Treatment of Inflation-Induced Changes in the Budget Balance

V Treatment of Inflation-Induced Changes in the Budget Balance »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This section provides a conceptual and empirical analysis of the implications of alternative approaches for adjusting the conventional measures of budget balance and fiscal impulse for the impact of inflatio...