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The Real Structural Imbalance and Fiscal Stance in Australia during the Postwar Era

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  • Malcolm J. Abbott

Abstract

By using the concept of the constant employment budget balance and changes in real public debt it is possible to determine the size of Australian Government's real structural budget imbalances during the postwar era. In doing so it is possible to partially explain the short run fluctuations in economic activity and comment on the ability of the Federal Government to influence the level of economic activity.

Suggested Citation

  • Malcolm J. Abbott, 1996. "The Real Structural Imbalance and Fiscal Stance in Australia during the Postwar Era," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(4), pages 385-398, October.
    • Handle: RePEc:bla:ausecr:v:29:y:1996:i:4:p:385-398
    DOI: 10.1111/j.1467-8462.1996.tb00943.x
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    References listed on IDEAS

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    1. Ahsan S. Mansur & Mr. Richard D Haas & Mr. Peter S. Heller, 1986. "A Review of the Fiscal Impulse Measure," IMF Occasional Papers 1986/003, International Monetary Fund.
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    1. Sebastian Zwalf & Robin Scott, 2022. "Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid‐ and Post‐pandemic Australia and Its Economic, Policy and Social Consequences," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(4), pages 441-460, December.
    2. Michael Keating, 2002. "Coping with Economic and Social Change: Peter Saunders, The Ends And Means Of Welfare: Coping With Economic and Social Change In Australia, Cambridge University Press, Australia, 2002," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 9(4), pages 365-370.

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