The Analysis of the Structural Budget Deficit (Written in Korean)
Actual deficits are poor guide to fiscal policy because they do not distinguish between two sources of change in revenues and expenditures; automatic responses to fluctuations in economic activity, and structural or discretionary changes in fiscal policy. Thus, to identify the structural changes in...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1991-10-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1991.13.3.31 |