The Calculation of Structural Budget Balance : Case of Morocco
In this paper, we present the concept of the structural budget balance and its empirical application on the Moroccan data. For this, we choose the two-step method. In the first step, we estimate the potential production according to Hodrick-Prescott's method, obtaining the output gap value. Thi...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2013-12-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31960/351968?publisher=http-www-cag-edu-tr-ilhan-ozturk |