Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Accrual Budgeting and Fiscal Policy PDF full book. Access full book title Accrual Budgeting and Fiscal Policy by Marc Robinson. Download full books in PDF and EPUB format.
Author: Marc Robinson Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 36
Book Description
Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes flatter as inflation declines. Second, macroeconomic volatility shifts the Phillips curve outward, implying that stabilization policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation.
Author: Marc Robinson Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 36
Book Description
Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes flatter as inflation declines. Second, macroeconomic volatility shifts the Phillips curve outward, implying that stabilization policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation.
Author: United States. General Accounting Office Publisher: DIANE Publishing ISBN: 1428970150 Category : Accrual basis accounting Languages : en Pages : 222
Author: United States. Government Accountability Office Publisher: DIANE Publishing ISBN: 9781422311691 Category : Accrual basis accounting Languages : en Pages : 46
Author: Ms.Suzanne Flynn Publisher: International Monetary Fund ISBN: 1475521758 Category : Business & Economics Languages : en Pages : 59
Book Description
This technical note and manual (TNM) explains what accrual accounting means for the public sector and discusses current trends in moving from cash to accrual accounting. It outlines factors governments should consider in preparing for the move and sequencing of the transition. The note recognizes that governments considering accounting reforms will have different starting points across the public sector, different objectives, and varying coverage of the existing financial statements, it therefore recommends that governments consider each of these, and the materiality of stocks, flows and entities outside of government accounts when planning reforms and design the sequencing and stages involved accordingly. Building on international experiences, the note proposes four possible phases for progressively increasing the financial operations reported in the balance sheet and operating statement, with the ultimate aim of including all institutional units under the effective control of government in fiscal reports.
Author: Anwar Shah Publisher: World Bank Publications ISBN: 0821369407 Category : Business & Economics Languages : en Pages : 588
Book Description
Budgeting and budgetary institutions play a critical role in resource allocation, government accountability, and improved fiscal and social outcomes. This volume distills lessons from practices in designing better fiscal institutions, citizen friendly budgets, and open and transparent processes of budget preparation and execution. It also highlights newer concepts of performance budgeting, accrual accounting, activity based costing, and the use of information and communication technology in budgeting. These tools of analysis are supplemented by a review of budgeting in post-conflict countries and two country case studies on the reform of budgeting systems.
Author: OECD Publisher: OECD Publishing ISBN: 9264270574 Category : Languages : en Pages : 131
Book Description
This study looks at accounting and budgeting practices at the national government level in OECD countries. It discusses the challenges and benefits of accruals reforms and considers what steps countries are taking to make better use of accrual information in the future.
Author: Marc Robinson
Author: Marc Robinson
Author: United States. General Accounting Office
Author: United States. Government Accountability Office
Author: Australia
Author: United States. General Accounting Office
Author: United States. Government Accountability Office
Author: Marc Robinson
Author: Ms.Suzanne Flynn
Author: Anwar Shah
Author: OECD