Titre | La soutenabilité de la politique budgétaire | |
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Auteur | Eric Jondeau | |
Revue | Economie et prévision | |
Numéro | no 104, 1992/3 Politique budgetaire, taux d'intérêt, taux de change | |
Rubrique / Thématique | Politique budgétaire, taux d'intérêt, taux de change |
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Page | 1-17 | |
Résumé anglais |
The Sustainability of Budget Policy,
by Eric Jondeau.
The hypothesis of the sustainability of French budget policy, according to which there is a long-term relationship between receipts and expenses, is tested and rejected. The reason for this is probably the change in the government's behaviour over the 1965-1990 period. Short-term dynamics are analyzed using the tax smoothing theory, inducing a relationship of causality of receipts to expenses in the Granger sense. The interpretation that comes to light from this is that of rational behaviour on the part of the government. Source : Éditeur (via Persée) |
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Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1992_num_104_3_5291 |