Public Budget Policy has been traditionally considered as a means for conveying macroeconomic, seeking a variety of social and economic objectives. As a modern economies face, in the 1990´s, a challenging bundle of problems, public policy is of a growing importance. This volume contains ten scientific papers presented at the Applied Econometrics Association Conference on "Public Budget Modelling" held in Athens in April 1993.
Public expenditures, taxes, debt and endogenous growth and budgetary policy in the open economy; Proposals for community stablization mechanisms: some historical applications; Some stochastic implications of the government´s budget constraint; Credit contraints and the efficiency of budgetary policy: the Portuguese case, 1958-88; Estructural adjustment and public deficit: a CGE modelling analysis for Greece; Public deficits and income distribution: results of an econometric business cycle...