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...
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| Format: | eBook Section |
| Language: | Inglés |
| Published: |
Paris :
OECD Publishing
2011.
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| Series: | OECD Economics Department Working Papers,
no.868. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706087306719 |
