An analysis of the fiscal stance of the New Zealand Government and its impact on short-term fluctuations in the business cycle

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/79342

Title: An analysis of the fiscal stance of the New Zealand Government and its impact on short-term fluctuations in the business cycle
Author(s): Abbott, Malcolm; Ahmed, Akhter
Abstract: The aim of this study is to quantify the impact that the fiscal stance of the New Zealand Government has had on the general level of economic activity. By using the concept of the constant employment budget balance and changes in real public debt it is possible to determine the size of the inflation adjusted structural budget imbalance. Using calculations of the inflation structural budget imbalance for the New Zealand Government, the impact of changes in the fiscal stance of the government – and other factors such as changes in the money supply and balance of trade – on the shortterm fluctuations in the business cycle will be estimated.
Publication type: Journal article
Source: Journal of Economic and Social Policy, Vol. 6, no. 1 (2001), pp. 1-17
Publication year: 2000
FOR Code(s): 1402 Applied Economics
Keyword(s): Budget deficit; Business cycle; Economy; New Zealand Government
Publisher: School of Commerce and Management, Southern Cross University
ISSN: 1325-2224
Publisher URL: http://epubs.scu.edu.au/jesp/vol6/iss1/
Peer reviewed