Fiscal Impulse
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
Please address any questions about this title to publications@imf.org