This post already appeared in the blog; Europe Economonitor is just republishing it, but I just wanted to cross link for the readers who might have missed it the first time around...
But while I am it, let me make a couple of clarifications. First, the following table, from the government's Pre-Accession Economic Program, summarizes the fiscal rule:
The budget deficit in this formula is actually a cyclically-adjusted deficit, which is done according to the following methodology:
I have to run to beat the rush hour traffic, but I will have an evaluation of these formulae later on...
BTW, these pictures conveniently provide a glimpse into what desktop, so you can see what I am working on:)
But while I am it, let me make a couple of clarifications. First, the following table, from the government's Pre-Accession Economic Program, summarizes the fiscal rule:
The budget deficit in this formula is actually a cyclically-adjusted deficit, which is done according to the following methodology:
I have to run to beat the rush hour traffic, but I will have an evaluation of these formulae later on...
BTW, these pictures conveniently provide a glimpse into what desktop, so you can see what I am working on:)
Posts
No comments:
Post a Comment