Uruguay
Sinopsis del Libro
This paper estimates cyclically adjusted balances for Uruguay, and discusses methodological and practical implementation issues. In line with standard practice, this paper assumes aggregate fiscal revenue elasticity equal to one. The study also focuses on the cyclically adjusted primary balance, so interest payments are excluded from the analysis. It also estimates Cyclically Adjusted Balances (CABs) for both the consolidated public sector and the general government. The economic development and the credibility of the inflation target are discussed. This study identifies the drivers of the low profitability of Uruguayan banks.
Ficha del Libro
Titulo Alternativo : Selected Issues Paper
Total de páginas 43
Autor:
Categoría:
Formatos Disponibles:
MOBI, PDF, EPUB, AZW
Descargar Libro
Valoración
4.1
64 Valoraciones Totales