Approaches to the PSBR
- 1 August 1985
- journal article
- other
- Published by Cambridge University Press (CUP) in National Institute Economic Review
- Vol. 113 (1) , 65-80
- https://doi.org/10.1177/002795018511300107
Abstract
Most economists would doubtless reject the idea that policy makers or the public should judge budgets solely in terms of a single summary concept, surplus or deficit. Yet there is an undoubted demand for a single statistic which provides at least a rough-and-ready summary of the fiscal position. The attempt to specify such a single statistic has given rise to controversy for many years.Keywords
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