Choosing the Pace of Fiscal Consolidation

Rawdanowicz, Łukasz

doi:10.1787/5k92n2xg106g-en

Cited by 6 publications

(9 citation statements)

References 25 publications

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“…This equation is derived from the conventional debt dynamics equation (see Rawdanowicz, 2012). In practice, to prevent sudden changes in this variable and ensure smoothness for other variables that depend on it, a 10-year forward moving average of nominal potential growth rates is used as .…”

mentioning

confidence: 99%

The fiscal projection framework in long-term scenarios

Guillemette¹,

Turner²

2017

OECD Economics Department Working Papers

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JT03423641 This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. ECO/WKP(2017)72 Unclassified English-Or. English ECO/WKP(2017)72 2 OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s). Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.

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confidence: 99%

The fiscal projection framework in long-term scenarios

Guillemette¹,

Turner²

2017

OECD Economics Department Working Papers

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“…On average, the extra revenue covers around a quarter of the expected increase in government spending on public pensions (Figure 3). 9 The coverage ratio is especially large in Denmark, Finland, Luxembourg, the Netherlands, Sweden and Switzerland, where ETRs related to current taxes paid by households on social benefits are resulting in an average coverage of around one-fifth. The largest differences (above 0.6% of GDP compared with the baseline calibration) are for Italy, Luxembourg, Poland and Switzerland.…”

Section: Higher Pension Income Is Likely To Increase Tax Revenue Slig...mentioning

confidence: 99%

“…For instance, one can assume that the split is identical as the one observed in the corporate sector, or that the per-person remuneration of labour for self-employed is equivalent to the compensation of corporate employees working in the same sector. The analysis of self-employment income is also blurred by different national account classifications of self-employed in household or corporate sectors across countries (Pionnier and Guidetti, 2015 [9]).…”

Section: Measuring Labour Shares Is Challengingmentioning

confidence: 99%

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Population ageing and government revenue

2022

OECD Economics Department Working Papers

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For Official Use OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s).Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.Comments on Working Papers are welcomed, and may be sent to the Economics Department,

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“…The model draws on previous OECD work, especially Sorbe (2012), Rawdanowicz (2012) and more recently Fall and Fournier (2015).…”

Section: The Fiscal Maquette Modelmentioning

confidence: 99%