Fiscal Policy and External Imbalances in a Debt Crisis: The Spanish Case

Cos, Pablo Hernández de; Jimeno, Juan F.

doi:10.2139/ssrn.2350090

SSRN Journal

2013

DOI: 10.2139/ssrn.2350090

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Fiscal Policy and External Imbalances in a Debt Crisis: The Spanish Case

Pablo Hernández de Cos

Juan F. Jimeno

Abstract: Palabras clave: desequilibrios macroeconómicos, política fi scal, crisis de la zona euro.

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Cited by 2 publications

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Public Finances and Inflation: The Case of Spain

et al. 2016

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We empirically explore the influence of inflation on fiscal variables in the short, medium and long run, for the case of the Spanish economy, in particular to draw policy lessons for the design of the ongoing process of rebalancing of fiscal accounts. We focus on this topic through the lenses of: (i) the government budget constraint, to assess the influence of inflation on changes in public debt; (ii) accounting decompositions of nominal revenue and expenditure items into their real and price parts; (iii) a large-scale macroeconometric model that contains a detailed fiscal policy block; and (iv) a long-run accounting model on pension expenditure.

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Public Finances and Inflation: The Case of Spain

et al. 2016

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The Spanish Public Pension System: Current Situation, Challenges and Reform Alternatives (El Sistema PPblico De Pensiones En Espaaa: Situaciin Actual, Retos Y Alternativas De Reforma

2017

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Fiscal Policy and External Imbalances in a Debt Crisis: The Spanish Case

Abstract: Palabras clave: desequilibrios macroeconómicos, política fi scal, crisis de la zona euro.

Cited by 2 publications

References 56 publications

Public Finances and Inflation: The Case of Spain

Public Finances and Inflation: The Case of Spain

The Spanish Public Pension System: Current Situation, Challenges and Reform Alternatives (El Sistema PPblico De Pensiones En Espaaa: Situaciin Actual, Retos Y Alternativas De Reforma

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