Mario Marcel C.; Marcelo Tokman R.; Rodrigo Valdés P.; … - In: Journal Economía Chilena (The Chilean Economy) 4 (2001) 3, pp. 15-27
This paper develops the structural budget balance methodology, adopted for use in the Chilean public sector. The structural balance methodology adjusts fiscal accounts so they reflect changes in net worth and makes it possible to isolate changes in fiscal policy resulting from the main exogenous...