Estimating Structural Budget Balance (Written in Korean)
The structural balance is obtained by neutralizing the impact of economic cycles on the actual balance. It is often used as an indicator of the long-term stability of government finance and as a measure of fiscal stance. Many countries nowadays produce and report the estimates of their structural ba...
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2001-12-01
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Series: | KDI Journal of Economic Policy |
Online Access: | https://doi.org/10.23895/kdijep.2001.23.1-2.73 |