Schuberth, Helene; Brandner, Peter; Diebalek, Leopold - 1998
This paper calculates structural balances for EU-countries and relates them to fiscal sustainability. Although the …. While the OECD and the European Commission (EU) assume constant elasticities when calculating cyclical budget components to …-term sustainability of fiscal policy in the EU. Therefore, we set the structural primary surpluses against those primary balances …