IMF Working Papers

Fiscal Impulse

By Garry J. Schinasi, Mark Scott Lutz

September 1, 1991

Preview Citation

Format: Chicago

Garry J. Schinasi, and Mark Scott Lutz. Fiscal Impulse, (USA: International Monetary Fund, 1991) accessed December 26, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The concept of fiscal impulse is defined, discussed, and differentiated from measures that attempt to summarize the macroeconomic effects of fiscal policy. Two methodologies are briefly discussed and their corresponding measures presented for the G-7 countries over the ten-year period ending in 1989. Controversies about the measure are highlighted and potential improvements are also discussed.

Subject: Budget planning and preparation, Expenditure, External debt, Fiscal policy, Fiscal stance, Interest payments, Public financial management (PFM)

Keywords: Budget balance, Budget planning and preparation, Fiscal policy multiplier, Fiscal stance, Government, Interest payments, OECD approach, OECD calculation, OECD measure, OECD method, WP

Publication Details

  • Pages:

    13

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1991/091

  • Stock No:

    WPIEA0911991

  • ISBN:

    9781451851441

  • ISSN:

    1018-5941

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