IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v23y1999i1p21-32.html
   My bibliography  Save this article

Interpreting Budget Deficits in Latin America: Methods with Application to Argentina

Author

Listed:
  • Arce M, Daniel G

Abstract

Fiscal policy in Latin American countries is too often evaluated on the basis of raw deficit figures. This study demonstrates how the effects of inflation on the deficit must be removed in order to derive the discretionary component of fiscal policy. Once this correction is made, fiscal policy can be evaluated by testing the movement of the deficit with respect to alternative policy targets. As an illustration, the author employs Argentine data in order to decompose the deficit and determine the degree to which it is a reflection of budget endogeneity versus populism/social conflict. Copyright 1999 by Oxford University Press.

Suggested Citation

  • Arce M, Daniel G, 1999. "Interpreting Budget Deficits in Latin America: Methods with Application to Argentina," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 23(1), pages 21-32, January.
    • Handle: RePEc:oup:cambje:v:23:y:1999:i:1:p:21-32
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:23:y:1999:i:1:p:21-32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.