Prudent debt targets and fiscal frameworks:
The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt level and to accommodate cyclical fluctuations along t...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Weitere beteiligte Personen: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2015
|
| Schriftenreihe: | OECD Economic Policy Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/5jrxtjmmt9f7-en |
| Zusammenfassung: | The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt level and to accommodate cyclical fluctuations along the convergence path towards a prudent debt target. The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. The paper presents a comprehensive analysis of government liabilities and assets and formulates recommendations for debt indicators. It also reviews the different linkages between government debt and the economic activity. The lessons from these analyses are combined with an assessment of the uncertainties surrounding the development of macroeconomic variables to define a prudent debt target. Different fiscal rules are compared with regard their impact on fiscal discipline and the risk of recession for country-specific fiscal rules recommendations |
| Umfang: | 1 Online-Ressource (57 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jrxtjmmt9f7-en |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047935569 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2015 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/5jrxtjmmt9f7-en |2 doi | |
| 035 | |a (ZDB-13-SOC)061265055 | ||
| 035 | |a (OCoLC)1312696966 | ||
| 035 | |a (DE-599)BVBBV047935569 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Fall, Falilou |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Prudent debt targets and fiscal frameworks |c Falilou Fall ... [et al] = Cibles de dette prudentes et cadres budgétaires / Falilou Fall ... [et al] |
| 246 | 1 | 3 | |a Cibles de dette prudentes et cadres budgétaires |
| 264 | 1 | |a Paris |b OECD Publishing |c 2015 | |
| 300 | |a 1 Online-Ressource (57 Seiten) |c 21 x 29.7cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economic Policy Papers | |
| 520 | |a The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt level and to accommodate cyclical fluctuations along the convergence path towards a prudent debt target. The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. The paper presents a comprehensive analysis of government liabilities and assets and formulates recommendations for debt indicators. It also reviews the different linkages between government debt and the economic activity. The lessons from these analyses are combined with an assessment of the uncertainties surrounding the development of macroeconomic variables to define a prudent debt target. Different fiscal rules are compared with regard their impact on fiscal discipline and the risk of recession for country-specific fiscal rules recommendations | ||
| 650 | 4 | |a Economics | |
| 700 | 1 | |a Bloch, Debra |4 ctb | |
| 700 | 1 | |a Fournier, Jean-Marc |4 ctb | |
| 700 | 1 | |a Hoeller, Peter |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/5jrxtjmmt9f7-en |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033317061 | |
Datensatz im Suchindex
| DE-BY-TUM_katkey | 2631926 |
|---|---|
| _version_ | 1821940780820856832 |
| adam_text | |
| any_adam_object | |
| author | Fall, Falilou |
| author2 | Bloch, Debra Fournier, Jean-Marc Hoeller, Peter |
| author2_role | ctb ctb ctb |
| author2_variant | d b db j m f jmf p h ph |
| author_facet | Fall, Falilou Bloch, Debra Fournier, Jean-Marc Hoeller, Peter |
| author_role | aut |
| author_sort | Fall, Falilou |
| author_variant | f f ff |
| building | Verbundindex |
| bvnumber | BV047935569 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061265055 (OCoLC)1312696966 (DE-599)BVBBV047935569 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/5jrxtjmmt9f7-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047935569</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2015 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5jrxtjmmt9f7-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061265055</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312696966</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047935569</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Fall, Falilou</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Prudent debt targets and fiscal frameworks</subfield><subfield code="c">Falilou Fall ... [et al] = Cibles de dette prudentes et cadres budgétaires / Falilou Fall ... [et al]</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">Cibles de dette prudentes et cadres budgétaires</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (57 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economic Policy Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt level and to accommodate cyclical fluctuations along the convergence path towards a prudent debt target. The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. The paper presents a comprehensive analysis of government liabilities and assets and formulates recommendations for debt indicators. It also reviews the different linkages between government debt and the economic activity. The lessons from these analyses are combined with an assessment of the uncertainties surrounding the development of macroeconomic variables to define a prudent debt target. Different fiscal rules are compared with regard their impact on fiscal discipline and the risk of recession for country-specific fiscal rules recommendations</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Bloch, Debra</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Fournier, Jean-Marc</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Hoeller, Peter</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/5jrxtjmmt9f7-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033317061</subfield></datafield></record></collection> |
| id | DE-604.BV047935569 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-11T15:45:51Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033317061 |
| oclc_num | 1312696966 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (57 Seiten) 21 x 29.7cm |
| psigel | ZDB-13-SOC |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economic Policy Papers |
| spellingShingle | Fall, Falilou Prudent debt targets and fiscal frameworks Economics |
| title | Prudent debt targets and fiscal frameworks |
| title_alt | Cibles de dette prudentes et cadres budgétaires |
| title_auth | Prudent debt targets and fiscal frameworks |
| title_exact_search | Prudent debt targets and fiscal frameworks |
| title_full | Prudent debt targets and fiscal frameworks Falilou Fall ... [et al] = Cibles de dette prudentes et cadres budgétaires / Falilou Fall ... [et al] |
| title_fullStr | Prudent debt targets and fiscal frameworks Falilou Fall ... [et al] = Cibles de dette prudentes et cadres budgétaires / Falilou Fall ... [et al] |
| title_full_unstemmed | Prudent debt targets and fiscal frameworks Falilou Fall ... [et al] = Cibles de dette prudentes et cadres budgétaires / Falilou Fall ... [et al] |
| title_short | Prudent debt targets and fiscal frameworks |
| title_sort | prudent debt targets and fiscal frameworks |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5jrxtjmmt9f7-en |
| work_keys_str_mv | AT fallfalilou prudentdebttargetsandfiscalframeworks AT blochdebra prudentdebttargetsandfiscalframeworks AT fournierjeanmarc prudentdebttargetsandfiscalframeworks AT hoellerpeter prudentdebttargetsandfiscalframeworks AT fallfalilou ciblesdedetteprudentesetcadresbudgetaires AT blochdebra ciblesdedetteprudentesetcadresbudgetaires AT fournierjeanmarc ciblesdedetteprudentesetcadresbudgetaires AT hoellerpeter ciblesdedetteprudentesetcadresbudgetaires |