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Public finance baseline scenario

Author

Listed:
  • Erik Bugyi

    (Council for Budget Responsibility)

Abstract

This paper describes the construction of the baseline scenario for next 50 years. The baseline scenario is based on the European System of National Accounts (ESA) methodology and compatible with all national budget classifications. To increase transparency, detailed calculation will be published regularly in order to assess the long-term sustainability (Report on the Long-Term Sustainability of Public Finances) or the general government budget (Evaluation of the General Government Budget).

Suggested Citation

  • Erik Bugyi, 2015. "Public finance baseline scenario," Discussion Papers Discussion Paper No. 2/20, Council for Budget Responsibility.
    • Handle: RePEc:cbe:dpaper:201502
    as

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    File URL: https://www.rrz.sk/wp-content/uploads/2015/04/DP2015-02.pdf
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    More about this item

    Keywords

    long-term sustainability indicator (GAP); budgetary classification; revenues and expenditures; long-term projections;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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