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- W2182073167 abstract "As recent events in Europe make ever clearer, fiscal sustainability matters. This paper explains the modelling behind the Treasury’s Long-Term Fiscal Statement, published in October 2009. We construct two main fiscal scenarios for New Zealand over a 40-year horizon. The historic trends scenario allows historic and current spending and revenue settings to interact with changing demography. A sustainable debt scenario explores the implications of a top-down fiscal constraint on public debt. Alternative policy scenarios are modelled, looking at the implications for both the fiscal position and what people receive from the state." @default.
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- W2182073167 date "2006-01-01" @default.
- W2182073167 modified "2023-09-24" @default.
- W2182073167 title "MODELLING NEW ZEALAND'S LONG-TERM FISCAL POSITION" @default.
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