Fiscal Impulse

13 Pages Posted: 15 Feb 2006

See all articles by Garry J. Schinasi

Garry J. Schinasi

Independent Advisor, Global Financial Stability

Mark S Lutz

International Monetary Fund (IMF)

Date Written: September 1991

Abstract

The concept of fiscal impulse is defined, discussed, and differentiated from measures that attempt to summarize the macroeconomic effects of fiscal policy. Two methodologies are briefly discussed and their corresponding measures presented for the G-7 countries over the ten-year period ending in 1989. Controversies about the measure are highlighted and potential improvements are also discussed.

JEL Classification: E61, E62

Suggested Citation

Schinasi, Garry J. and Lutz, Mark S, Fiscal Impulse (September 1991). IMF Working Paper, Vol. , pp. 1-13, 1991. Available at SSRN: https://ssrn.com/abstract=885052

Garry J. Schinasi (Contact Author)

Independent Advisor, Global Financial Stability ( email )

Washington, 20008
+1-202-361-0958 (Phone)

Mark S Lutz

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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