A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates
Download or Read eBook A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates PDF written by Julio Escolano and published by INTERNATIONAL MONETARY FUND. This book was released on 2010-01-27 with total page 94 pages. Available in PDF, EPUB and Kindle.
| Author | : Julio Escolano |
| Publisher | : INTERNATIONAL MONETARY FUND |
| Total Pages | : 94 |
| Release | : 2010-01-27 |
| ISBN-10 | : 146239695X |
| ISBN-13 | : 9781462396955 |
| Rating | : 4/5 (5X Downloads) |
Book Synopsis A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates by : Julio Escolano
Book excerpt: This paper presents a practical guide to public debt dynamics, fiscal sustainability, and cyclical adjustment of budgetary aggregates. The paper discusses fiscal formulas, which may be of practical use in fiscal analysis. The paper derives, respectively, the formulas for debt dynamics, and cyclical and inflation adjustment of budgetary aggregates. It discusses other relationships for special applications, and some practical implications and usage. The formulas related to debt dynamics are based on the assumption that changes in liabilities are the result of above-the-line budgetary operations.
