|
1 - 10 van 53 voor budget deficit
dutch fiscal framework history current practice and role cpb pdf
... by extra budget cuts (see toirkens, 1988, p. 47-51). 2.4 norms for reducing the deficit (1980-1993) 1980-1982 a maximum actual deficit in the period 1979-1982, the budget deficit increased ... were only included in the budget for the current and forthcoming year. the macro-economic assumptions for later years were hardly adjusted. the huge budget deficit and stagnated economic growth implied ...
cpb.nl
analyzing macro economic impact child care subsidies age approach pdf
... ex-post the policy measure causes a fall in the budget deficit. this is reflected by the increase in government consumption. 4 ... idem, without reduction in the employers' budget on child care places 24 additional subsidy to lower their budget for child care provisions, ... care costs rise on average, simply because firms reduce their budget for child care to zero. especially unskilled parents see their ...
cpb.nl
bijz8.pdf
... market deregulation, and the recent policy of strict limits on government expenditure instead of the budget deficit. these are sometimes called distinct elements of the dutch delta model. the delta model is ... indicators of economic performance, such as the growth of gdp, the unemployment rate, the fiscal deficit, the inflation rate and the balance of payments. chapter 3 surveys the actual economic ...
cpb.nl
analyzing fiscal policy netherlands simulations revised mimic pdf
... all experiments, the ex-ante reduction in tax revenues is equal gdp. the government budget is balanced through an equivalent reduction in government consumption. all experiments are revenue neutral ... behavioral responses have a favorable impact on the budget deficit. hence, the reduction in public consumption that is necessary to meet the government budget constraint ex-post is smaller than the ex- ...
cpb.nl
Onderzoeksmemorandum (set-up) [PFP#301156075]
... are linear, like the keynesian income-expenditure identity, or the definition of the budget deficit as the differencebetween government expenditures andgovernmentreceipts.butmanyothers are nonlinear, like the multiplicative ... assessments. figure 4 gdp growth confidence intervals for hm treasury pre-budget forecast (a) pre-budget forecast (b) 90% confidence inter- val (c)70%confidenceinterval (d) 50 ...
cpb.nl
Generational accounts [PFP#1092202780]
... present generations. future deficits chart 5 shows how the budget deficit developes if present policies are continued. this would lead to a budget surplus by 2008, but would eventually result in ... revenues from capital, including gasa total revenues budget deficit a the content of the budget items are explained in table 1. the required deficit adjustments in the next decades are also reduced ...
cpb.nl
india and dutch economy stylised facts and prospects pdf
... in 2003, when the fiscal responsibility and budget management act was passed. this law stipulates that by fiscal year central government fiscal deficit must not exceed 3% of gdp. by ... size rules apply. 2003 fiscal responsibility and budget management act passes. the act requires a medium-term reduction in the central government budget deficit. 2005 national rural employment guarantee act approved. ...
cpb.nl
Microsoft Word - Memorandum AFC.doc
... , especially in malaysia where the current account jumped from a deficit gdp a surplus similarly, while thailand had a current account deficit it reported a surplus a comparable correction took place in ... levels by 2002. malaysia, for instance, moved from a budget surplus a budget deficit by 2002 the malaysian government finances had deteriorated to a deficit of 5.6% (figure 4.3). in addition to ...
cpb.nl
Microsoft Word - discussion55.doc
... account of a model's limitations in the analysis of election programmes and alternative budget proposals, for instance. a see graafland and ros, eds. (2003), and van opstal and ... . during the 1970s, as the government budget deficit widened steadily, this omission was considered increasingly serious. after all, the favourable expenditure effects of higher budget deficits were fully reflected in the ...
cpb.nl
cpb discussion paper 193 potential small model 0 pdf
... importance for policy analysis is the output gap, for example for evaluating the cyclically adjusted budget deficit. first, we analyse whether the var model can be used to calcu- late a proxy ... cyclical component of the budget deficit is then we probably want to look at an output gap relative to current potential. if we want to know if the current deficit will cause sustainability ...
cpb.nl
| 