Balance Estructural del Gobierno Central. Metodología y Estimaciones para Chile

Structural Bazlance of Central Government. Methodology and estimates for Chile

Mario Marcel

MPRA Paper from University Library of Munich, Germany

Abstract: In 2001, Chile was one of the first countries in the world to adopt a structural balance fiscal rule. This paper provides the foundations of the choice of the rule, its methodological design and its initial estimates for the period 1987-2000. The paper also includes a discussion about the use of the structural budget balance for the ex-ante analysis of fiscal policy as compared to the formulation of fiscal policy.

Keywords: fiscal policy; structural balance; automatic stabilizers; fiscal indicators (search for similar items in EconPapers)
JEL-codes: E62 H60 H61 H62 H68 H83 (search for similar items in EconPapers)
Date: 2001-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:43338

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