Fiscal analysis requires a set of indicators. For calculating the structural deficit, it is examined whether measures have permanent or temporary budgetary impacts, if any (creative accounting). For measuring fiscal impulse, it is examined when a given measure has a ‘true’ economic impact,...

This study defines various fiscal indicators for different analytical purposes, adjusting for the distorting effect of creative accounting. It presents these indicators using the example of Hungary. The study abandons the general view that an identical balance is produced from the two...

This study defines various fiscal indicators for different analytical purposes, adjusting for the distorting effect of creative accounting. It presents these indicators using the example of Hungary. The study abandons the general view that an identical balance is produced from the two...