Cálculo de los componentes estructurales del déficit público español (1992-2015)
As the Spanish economy slid into recession during 2009, the debate over the role of the public deficit came into the spotlight once again. However, there has been little emphasis on determining the causes and the nature of the imbalances in the government’s accounts. We study the structure of aggreg...
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| Autores principales: | , , |
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| Formato: | Artículo |
| Lenguaje: | español |
| Publicado: |
2016
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| Materias: | |
| Acceso en línea: | https://dialnet.unirioja.es/servlet/oaiart?codigo=5653938 |
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| Sumario: | As the Spanish economy slid into recession during 2009, the debate over the role of the public deficit came into the spotlight once again. However, there has been little emphasis on determining the causes and the nature of the imbalances in the government’s accounts. We study the structure of aggregate public budgets and use regression
analysis to address these two issues. Contrary to the conventional wisdom, our results show that budget’s stability was transitory and that, in reality, an average primary deficit of 3,30% of GDP prevailed throughout the years between 1992 and 2015. |
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