Fiscal targets, automatic stabilisers and their effects on output

Detalhes bibliográficos
Autor(a) principal: Barrell, Ray
Data de Publicação: 2002
Outros Autores: Hurst, Ian, Pina, Álvaro
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2737
Resumo: In this paper we review the European macroeconomic policy framework, and address the issue of setting safe deficit targets - targets that make it very unlikely that a country exceeds the 3 per cent ceiling of the Stability and Growth Pact. In this context, the scope for an increase in public investment is discussed. We also look at automatic stabilisers and argue that their ability to smooth output depends on the kind of disturbance that hits the economy.
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spelling Fiscal targets, automatic stabilisers and their effects on outputAutomatic StabilisersStability and Growth PactFiscal TargetsPublic InvestmentIn this paper we review the European macroeconomic policy framework, and address the issue of setting safe deficit targets - targets that make it very unlikely that a country exceeds the 3 per cent ceiling of the Stability and Growth Pact. In this context, the scope for an increase in public investment is discussed. We also look at automatic stabilisers and argue that their ability to smooth output depends on the kind of disturbance that hits the economy.ISEG – Departamento de EconomiaRepositório da Universidade de LisboaBarrell, RayHurst, IanPina, Álvaro2010-12-22T10:25:06Z20022002-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2737engBarrell, Ray, Ian Hurst e Álvaro Pina. 2002. "Fiscal targets, automatic stabilisers and their effects on output". Instituto Superior de Economia e Gestão - DE Working papers nº 5-2002/DE/UECE0874-4548info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:33:55Zoai:www.repository.utl.pt:10400.5/2737Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:41.296992Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Fiscal targets, automatic stabilisers and their effects on output
title Fiscal targets, automatic stabilisers and their effects on output
spellingShingle Fiscal targets, automatic stabilisers and their effects on output
Barrell, Ray
Automatic Stabilisers
Stability and Growth Pact
Fiscal Targets
Public Investment
title_short Fiscal targets, automatic stabilisers and their effects on output
title_full Fiscal targets, automatic stabilisers and their effects on output
title_fullStr Fiscal targets, automatic stabilisers and their effects on output
title_full_unstemmed Fiscal targets, automatic stabilisers and their effects on output
title_sort Fiscal targets, automatic stabilisers and their effects on output
author Barrell, Ray
author_facet Barrell, Ray
Hurst, Ian
Pina, Álvaro
author_role author
author2 Hurst, Ian
Pina, Álvaro
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Barrell, Ray
Hurst, Ian
Pina, Álvaro
dc.subject.por.fl_str_mv Automatic Stabilisers
Stability and Growth Pact
Fiscal Targets
Public Investment
topic Automatic Stabilisers
Stability and Growth Pact
Fiscal Targets
Public Investment
description In this paper we review the European macroeconomic policy framework, and address the issue of setting safe deficit targets - targets that make it very unlikely that a country exceeds the 3 per cent ceiling of the Stability and Growth Pact. In this context, the scope for an increase in public investment is discussed. We also look at automatic stabilisers and argue that their ability to smooth output depends on the kind of disturbance that hits the economy.
publishDate 2002
dc.date.none.fl_str_mv 2002
2002-01-01T00:00:00Z
2010-12-22T10:25:06Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/2737
url http://hdl.handle.net/10400.5/2737
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Barrell, Ray, Ian Hurst e Álvaro Pina. 2002. "Fiscal targets, automatic stabilisers and their effects on output". Instituto Superior de Economia e Gestão - DE Working papers nº 5-2002/DE/UECE
0874-4548
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG – Departamento de Economia
publisher.none.fl_str_mv ISEG – Departamento de Economia
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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