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Assainissement des finances publiques suisses. Taille et causes du problème, avec discussion de quelques mesures correctives

Author

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  • Jean-Christian LAMBELET

Abstract

A new method is proposed to measure the underlying ("structural") surplus/deficit of a government budget. It does not rest on the notion of "full-employment GDP" but aims at modelling the fiscal behavior of the government in the widest sense. The basic idea is to identify what is systematic in that behavior from what is noise. The model is simple, yet econometrically quite robust. It is estimated with Swiss data and the results seem to make good sense. The paper includes a number of comments relating to current Swiss fiscal issues.

Suggested Citation

  • Jean-Christian LAMBELET, 1998. "Assainissement des finances publiques suisses. Taille et causes du problème, avec discussion de quelques mesures correctives," Cahiers de Recherches Economiques du Département d'économie 9808, Université de Lausanne, Faculté des HEC, Département d’économie.
    • Handle: RePEc:lau:crdeep:9808
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    More about this item

    Keywords

    public finance; underlying budgetary surplus/deficit; fiscal policy; Swiss federal budget;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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