Fiscal Impulse

Author/Editor:

Garry J. Schinasi ; Mark Scott Lutz

Publication Date:

September 1, 1991

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 1991/091

Subject:

Budget planning and preparation Expenditure External debt Fiscal policy Fiscal stance Interest payments Public financial management (PFM)

English

Publication Date:

September 1, 1991

ISBN/ISSN:

9781451851441/1018-5941

Stock No:

WPIEA0911991

Pages:

13

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