Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1861 |
DP1861 Youth Employment and Academic Performance in High School | |
Kenneth Wolpin; Zvi Eckstein | |
发表日期 | 1998-04-30 |
出版年 | 1998 |
语种 | 英语 |
摘要 | This note comments on two central issues for fiscal policy design in the United Kingdom, highlighted in the recent ?Code for Fiscal Stability? proposed by the new Labour government. The first concerns the merits of the so-called ?golden rule of public sector investment? ? the proposition that, over the cycle, government borrowing should not exceed government capital formation. The second concerns the case for attempting to construct a more comprehensive balance sheet of public sector assets and liabilities, including tangible public sector assets and certain contingent claims. The two main conclusions are that the golden rule is without merit but that, subject to some important caveats, the construction of a more comprehensive government balance sheet is a worthwhile enterprise. |
主题 | International Macroeconomics |
关键词 | Fiscal stability Golden rule Public sector balance sheet Public sector capital |
URL | https://cepr.org/publications/dp1861 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531003 |
推荐引用方式 GB/T 7714 | Kenneth Wolpin,Zvi Eckstein. DP1861 Youth Employment and Academic Performance in High School. 1998. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Kenneth Wolpin]的文章 |
[Zvi Eckstein]的文章 |
百度学术 |
百度学术中相似的文章 |
[Kenneth Wolpin]的文章 |
[Zvi Eckstein]的文章 |
必应学术 |
必应学术中相似的文章 |
[Kenneth Wolpin]的文章 |
[Zvi Eckstein]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。