Long-term fiscal
Assessing Long-Term Fiscal Developments: a New Approach
... assess long-term fiscal ...track fiscal developments, i.e. possible fiscal deteriorations and/or improvements for eight European Union countries plus the ...
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Challenges and Choices: Modelling New Zealand’s Long-term Fiscal Position
... Zealand’s Long-Term Fiscal Statement, published on 29 October ...main fiscal scenarios over a 40- year ...a fiscal constraint on non-benefit spending so that Crown net debt follows the ...
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America s Health Benefits Exchanges. Exchange Governance and Long-Term Fiscal Sustainability
... “allowing the Exchange to charge assessments or user fees to participating health insurance issuers, or to otherwise generate funding, to support its operations.”.. Long-Term Fiscal Su[r] ...
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Long-term fiscal effects of public pension reform in Norway: A generational accounting analysis
... government incomes and expenses. To close the gap, a 17% increase in taxes would be needed. However, this estimate is sensitive to the underlying assumptions taken. In particular, the estimate is changing for the choice ...
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Alberta's Long-Term Fiscal Future
... Individually, most of the above options fall short. And to close the entire fiscal gap on the spending or the revenue side of the ledger alone may be difficult. Instead, a mix of the above may be the best route ...
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Fiscal Consolidation and the Implications of Social Spending for Long-Term Fiscal Sustainability
... and long-term care spending by 2050 is on average between ...the fiscal gaps does not vary much, but exceeds ...in, fiscal consolidation becomes somewhat more difficult in all countries except ...
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Assessing Long-Term Fiscal Developments: a New Approach
... of fiscal policy behaviour, i) the sensitivity of fiscal variables to economic developments and the ii) dependence of fiscal behaviour on its own past developments, impact on the patterns of both ...
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Assessing long-term fiscal developments: a new approach
... of fiscal policy behaviour, i) the sensitivity of fiscal variables to economic developments and the ii) dependence of fiscal behaviour on its own past developments, impact on the patterns of both ...
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Assessing Long-Term Fiscal Developments: Evidence from Portugal
... Our analysis suggests that this path for public finances has mainly been driven by the higher persistence of government spending relative to revenue. Finally, Table 1 summarises the recursive estimates for several ...
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Ageing, health spending and the long-term fiscal outlook: a UK perspective
... • State also bears more financial risks: demographics, duration of care and unit care cost. • Hope for more private insurance below cap.[r] ...
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Health Projections and Policy Options for the 2013 Long-term Fiscal Statement
... 3.2 Improving the value for money of the health system In common with other OECD countries, New Zealand is experiencing both demographic ageing and a greater prevalence of long-term or chronic conditions. ...
Long-term fiscal risks and sustainability in an oil-rich country : the case of Russia
... 4 But in addition to expenditure level, the composition of expenditure also matters. This is especially important in countries like Russia, where large public investment needs persist and oil money offers a major source ...
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Fiscal Consolidation and Implications of Social Spending for Long-Term Fiscal Sustainability. ESRI Research Bulletin 2014/1/2
... crisis fiscal positions across OECD countries deteriorated ...started fiscal consolidations but additional consolidation will be ...of fiscal balances are posed by population ageing and additional ...
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Long-term fiscal projections and their relationship with the intertemporal budget constraint: An application to New Zealand
... be long term unemployed - unemployed for a period of twelve months or longer - than any other age group; between 1989 and 2000 the proportion of long term unemployed who were aged 45 to 54 ...
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Long – Term Interest Rate and Fiscal Policy
... of fiscal policy within this setup, the theoretical model presented in (11) sets that the multipliers are lower when exists a countercyclical fiscal rule, and that the key fiscal variable in this ...
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GROWTH PROSPECTS AND FISCAL REQUIREMENTS OVER THE LONG TERM
... of long-term projections that extend the short-term projections, presented in Chapters 1 to 3, out to 2060 using the model described in Johansson et ...of fiscal imbalances and consolidation ...
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Long-term public finance report: an analysis of fiscal sustainability
... and long- term care will, everything else equal, be lower for any specific age cohort in the future than it is ...and long-term care spending increases, at least partially offsetting the ...
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LONG-TERM DEBT AND OPTIMAL POLICY IN THE FISCAL THEORY OF THE PRICE LEVEL
... the fiscal theory’s predictions for the price level will not be much affected by the presence of monetary frictions ᎏ if some categories of debt help to facilitate ...small fiscal consequences of seignorage ...
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Long-term Budget Outlook Assessing Ontario s Fiscal Sustainability:
... As interest rates rise and the government faces higher borrowing, Ontario’s interest on debt as a share of revenue is projected to increase to 10.4 per cent by 2050-51, well above the 7.4 per cent recorded during the ...
Fiscal shocks, public debt, and long-term interest rate dynamics
... linkages among the countries under analysis. Our main results are the following. We …nd that …scal shocks play a major role in driving interest rates’permanent and cyclical stochastic components in the USA and in ...
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