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La gestion optimale des finances publiques en présence de coûts d'ajustement

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  • Jean-François Loué
  • Eric Jondeau

Abstract

[eng] Optimal Public Finance Management in Relation to Adjustment Costs, . by Jean-François Loué, Eric Jondeau.. . Amending tax laws and changing the terms and conditions for action and public spending generate uncertainty and therefore risk in the private sector. The credibility of the government's economic policy can in fact be affected by it. The way for a government to keep to its budgetary constraints over the long term and cut down on the risks resulting from changes in its policy at the same time is formalized. [ger] Die optimale öffentliche Finanzwirtschaft bei Vorhandensein von Angleichungskosten, . von Jean-François Loué, Eric Jondeau.. . Die Änderungen der steuerrechtlichen Vorschriften sowie die Modalitäten der Politik und der Ausgaben der öffentlichen Hand haben für den Privatsektor Unsicherheit und somit Risiken zur Folge, wodurch die Glaubwürdigkeit ihrer Wirtschaftspolitik beeinträchtigt werden kann. Die Art, in der eine Regierung gleichzeitig den langfristigen Sachzwängen ihrer Haushaltspolitik Rechnung tragen und die Risiken aufgrund der nderung ihrer Politik eindämmen kann, wird formalisiert. [spa] Gestión óptima de las finanzas públicas en presencia de costes de ajuste, . por Jean-François Loué y Eric Jondeau.. . Las modifîcaciones de las reglas fiscales y las modalidades de la acción y de los gastos públicos presentan incertidumbres para el sector privado y, por ende, determinados riesgos. La credibilidad de la política econômica puede verse afectada. Así se formaliza la forma en que un gobierno puede a la vez respetar sus limitaciones presupuestarias a largo plazo y atenuar los riesgos procedentes de las modifîcaciones de su política. [fre] La gestion optimale des finances publiques en présence de coûts d'ajustement, . par Jean-François Loué, Eric Jondeau.. . Les modifications des règles fiscales et les modalités de l'action et de la dépense publiques induisent pour le secteur privé incertitude et donc risque. La crédibilité de sa politique économique peut en être affectée. La façon dont un gouvernement peut à la fois respecter sa contrainte budgétaire à long terme et atténuer les risques issus des modifications de sa politique est formalisée.

Suggested Citation

  • Jean-François Loué & Eric Jondeau, 1992. "La gestion optimale des finances publiques en présence de coûts d'ajustement," Économie et Prévision, Programme National Persée, vol. 104(3), pages 19-38.
  • Handle: RePEc:prs:ecoprv:ecop_0249-4744_1992_num_104_3_5292
    DOI: 10.3406/ecop.1992.5292
    Note: DOI:10.3406/ecop.1992.5292
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