Fiscal Impulse

Garry Schinasi () and Mark Lutz

No 1991/091, IMF Working Papers from International Monetary Fund

Abstract: The concept of fiscal impulse is defined, discussed, and differentiated from measures that attempt to summarize the macroeconomic effects of fiscal policy. Two methodologies are briefly discussed and their corresponding measures presented for the G-7 countries over the ten-year period ending in 1989. Controversies about the measure are highlighted and potential improvements are also discussed.

Keywords: WP; fiscal policy multiplier; government; OECD measure; OECD approach; OECD method; OECD calculation; budget balance; Fiscal stance; Budget planning and preparation; Interest payments (search for similar items in EconPapers)
Pages: 13
Date: 1991-09-01
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1991/091

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