Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.5/8293
Título: The macro impact of the Portuguese Constitutional Court decisions regarding the budgetary proposals of the Portuguese Budget Law (2012, 2013, 2014)
Autor: Afonso, António
Caiado, Jorge
St. Aubyn, Miguel
Palavras-chave: budget balance
fiscal consolidation
debt-to-GDP ratio
Portugal
Data: 2015
Editora: ISEG – Departamento de Economia
Citação: Afonso, António, Jorge Caiado e Miguel St. Aubyn (2015). "The macro impact of the Portuguese Constitutional Court decisions regarding the budgetary proposals of the Portuguese Budget Law (2012, 2013, 2014)". Instituto Superior de Economia e Gestão - DE Working papers nº 6/2015/DE/UECE/CEMAPRE
Relatório da Série N.º: DE Working papers;nº 6/2015/DE/UECE/CEMAPRE
Resumo: We review the main budgetary measures not accepted by the Portuguese Constitutional Court in the Budget Laws of 2012, 2013 and 2014. Considering the feedback effect of the fiscal impulse, the impact on the budget balance is -0.42% and of -0.34% of GDP respectively for 2013 and for 2014; in both years the impact of the fiscal expansion could result in rather mitigated reductions in the unemployment rate in the range of 0.1 percent; the impact on the government debt level is around 0.42% of GDP in 2013, declining from then on, in a conservative estimate, and about 2.95% of GDP in 2020 in the worst case scenario.
URI: http://hdl.handle.net/10400.5/8293
ISSN: 2183-1815
Versão do Editor: https://aquila2.iseg.ulisboa.pt/aquila/getFile.do?method=getFile&fileId=551155&_request_checksum_=881cabcc9f2de79b12c67e6d4b960c3bba88891a
Aparece nas colecções:CEMAPRE - Documentos de Trabalho / CEMAPRE - Working Papers
UECE - Documentos de Trabalho / UECE - Working Papers
DE - Documentos de trabalho / Working Papers

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