Budget balance
BB is the government’s budget balance ( GDP), which
... rate of change in the terms of trade is meant to capture the effects of external shocks on fiscal cyclicality. The impact of external shocks is often more pronounced in developing countries due to the close connection ...
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O equilíbrio orçamentário afeta a eficácia dos governos? Uma análise para países desenvolvidos e em desenvolvimento / Does budget balance affect government effectiveness? An analysis for developed and developing countries
... The relationship between the effectiveness of governments and the well-being of the population has been generating growing interest in factors that can increase the quality and effectiveness of governance. Thus, the ...
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The determinants of macroeconomic forecasts and the Stability and Growth Pact
... With respect to the influence of supranational fiscal rules, the empirical analysis carried out leads to two conclusions. An excessive deficit at the time of forecasts elaboration contributes to more prudent economic ...
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Romania's road to Euro zone. From structural balance to structural balance corrected for absorption
... budgetary balance indicator, through which the dicretionarism degree of the fiscal-budgetary policy in Romania is ...structural budget balance proportion is performed during three stages, as it ...
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The determinants of public deb and its financing
... the budget balance, the interest payments, the long-term government bond yields, the real GDP growth rate, the financial sector financing, the external financing, and, finally, the domestic financing ...
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João Ferreira do Amaral João Carlos Lopes
... rate/budget balance trade-off equation is derived, as well as the impact of a strong fiscal consolidation based on social transfers and the notion of neutral budget ...
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FISCAL CONSOLIDATIONS IN THE CENTRAL AND EASTERN EUROPEAN COUNTRIES
... Finally, instead of using a dummy variable to capture the dimension of the change in expenditures vis-à-vis de improvement of the budget balance, we used the change itself, namely for the 2/3 threshold for ...
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Determinants of sovereign bond spreads in the EMU
... the budget balance and the primary budget balance must interchange between each other, for the “natural correlation” (Afonso and Felix (2015)) between the ...
52
Sustainability of the U.S. Federal deficit: an updated analysis
... intertemporal budget balance and whether there has been a structural change in deficit policy was that there was a shift in deficit policy in the early ...
46
Revisiting Sovereign Bond Spreads’ Determinants in the EMU
... the budget balance-to-GDP ratio, this flow variable comes out performing just as well as its corresponding stock variable, reducing interest rates between 9 and almost 80 ...
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Economic Volatility and Sovereign Yields’ Determinants: a Time-Varying Approach
... the budget balance and GDP growth, a decrease in the spread’s responsiveness (recall that both series of time-varying coefficient estimates are negative throughout the time span) or, in other words, the ...
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THE PRO AND CONS OF THE NEW TREATY ON STABILITY, COORDINATION AND GOVERNANCE IN THE ECONOMIC AND MONETARY UNION
... Budget balance at the end of 2011, is however distorted by the impact of clarifying the statistical treatment of Romanian state obligations to several categories of employees in the public sector, which ...
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School of Economics and Management
... Pina and Venes (2007) analyzed the track record of fiscal forecast errors of 15 European Union member states from 1994 to 2006. This paper used data from the Excessive Deficit Procedure (EDP) instead of the SGP, as well ...
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The Political Economy of EDP Fiscal Forecasts: An Empirical Assessment
... Budget balance forecast errors respond to growth surprises due to the operation of automatic stabilisers, and tend to be positive (i.e. with outcomes better than projections) when fiscal governance takes ...
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ISSERTATION THEF ISCAL FORECASTING TRACK RECORD OF THE
... primary balance, revenue-to- GDP, expenditure-to-GDP, and budget balance-to-GDP ...government budget constraint and revenue/expenditure-to-GDP ...
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Regional program budget policy
... There is nothing really "new" in the regional programme budget policy: it is rather a systematic consolidation of policies that have been approved by WHO's gov[r] ...
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Water management applied to the processing of Atlantic Salmon (Salmo salar) and Dolphinfish (Coryphaena hippurus) in a fish cold storage warehouse in Rio de Janeiro, Brazil
... water balance of a fish warehouse in Rio de Janeiro, Brazil, with the quantification of water use during the processing of captive-bred Atlantic salmon (Salmo salar) and Dolphinfish (Coryphaena hippurus) and the ...
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Fisioter. mov. vol.28 número1
... with balance deficits. Standardized instruments for balance assessment may be useful in identifying individuals at risk of falling and evaluating intervention ...assess balance in hemiparetic cases ...
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Equalization of the Budget Incomes in the Administrative-Territorial Structures
... Primary deficit ratio thus determined shows to what extent revenues generated by local administration (own revenues) or determined in a decisive measure by the local economy (the share split from income tax return) may ...
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Complete set of documents (List)
... Proposed Program and Budget Estimates of the World Health Organization for the Region of the Americas for 1975. Provisional Draft of the Proposed Program and Budget Estimate[r] ...
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