Work

Fiscal Expansion, the Budget Deficit and the Economy: Norway 1988-91

Year: 1993

Type: report

Abstract: From 1989 fiscal policy in Norway has been expansionary. With the aid of the econometric model MODAG we estimate the size of the change in policy from 1988 to 1991, its final effect on the central government budget, and its effect on the economy. We also assess the effects on the budget of cyclical factors and structural change. These appear to be more important for the increase in the deficit than activist policy. The budgetary costs of the extra jobs created by the activist part of the policy seem high.

Source: NORA - Norwegian Open Research Archives

Authors: Bowitz, Einar, Rødseth, Asbjørn, Storm, Erik

Language: English

Topic: Fiscal Policies and Political Economy

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W3080802413

Cites:

Cited by: 5

Related to: 10