Series: IMF Working Papers
Author(s): Burcu Aydin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2010
Keywords: structural balance, credit growth, commodity and asset prices, tax revenue, tax base, tax policy, budget balance, Multiple or Simultaneous Equation Models: Time-Series Models, Econometric Modeling: General,
This paper applies a disaggregated method for the calculation of the cyclical component of the budget balance for South Africa with an emphasis on the effect of commodity and asset prices, and credit cycle. Results...