Jun 2015
Author(s): Ardanaz, Martín; Gonzales, Alberto; Tolsa Caballero, Nuria
The database allows estimating structural fiscal balances for 20 countries in the region under different assumptions regarding the output gap and commodity structural prices. It is a unique database…
Jun 2015
Author(s): Ardanaz, Martín; Corbacho, Ana; Gonzales, Alberto; Tolsa Caballero, Nuria
Over the past decade, an increasing number of countries have began anchoring their fiscal policy frameworks in terms of rules that target the cyclically adjusted or structural (as opposed to actual)…