What is meant by the cyclically-adjusted primary budget deficit? How can it be calculated? Why is it

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What is meant by the cyclically-adjusted primary budget deficit? How can it be calculated? Why is it conceptually equivalent to the discretionary fiscal impulse? Is such a deficit sustainable?

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Macroeconomics Institutions Instability And The Financial System

ISBN: 9780199655793

1st Edition

Authors: Wendy Carlin, David Soskice

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Question Posted: Jun 10, 2024 02:09 AM

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What is meant by the cyclically-adjusted primary budget deficit? How can it be calculated? Why is it

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Macroeconomics Institutions Instability And The Financial System

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