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Computing Cyclically-Adjusted Balances and Automatic Stabilizers / Annalisa Fedelino, Mark Horton, Anna Ivanova.
Author
Fedelino, Annalisa
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Format
Book
Language
English
Published/Created
Washington, D.C. : International Monetary Fund, 2009.
Description
1 online resource (13 p.)
Details
Related name
Horton, Mark
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Ivanova, Anna
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Series
Technical Notes and Manuals; Technical Notes and Manuals ; No. 2009/005
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Technical Notes and Manuals
Summary note
This technical note focuses on computing cyclically adjusted balances and automatic stabilizers. The note provides guidance on how to decompose overall fiscal balances into cyclical and cyclically adjusted components, and how to interpret automatic fiscal stabilizers. These indicators are commonly used to assess how fiscal policy responds to macroeconomic conditions. Various approaches to cyclical adjustment and estimation of the automatic stabilizers are possible. This note focuses on the approach used by the IMF’s Fiscal Affairs Department in the paper on the State of Public Finances and in the Fiscal Monitor.
Source of description
Description based on print version record.
ISBN
1-4623-8041-7
1-4552-3855-4
1-4623-5962-0
Statement on responsible collection description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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