The fiscal gap: An estimate for Russia

Goryunov, Evgeny; Kotlikoff, Lawrence; Sinelnikov-Murylev, Sergey

[journal article]

dc.contributor.author	Goryunov, Evgeny	de
dc.contributor.author	Kotlikoff, Lawrence	de
dc.contributor.author	Sinelnikov-Murylev, Sergey	de
dc.date.accessioned	2024-07-31T13:42:14Z
dc.date.available	2024-07-31T13:42:14Z
dc.date.issued	2015	de
dc.identifier.issn	2618-7213	de
dc.identifier.uri	https://www.ssoar.info/ssoar/handle/document/95510
dc.description.abstract	The fiscal gap is an indicator of the long-term balance of public finance and is calculated based on the intertemporal government budget constraint, which links government tax revenues and expenditures over long intervals. The estimate of the fiscal gap for the Russian general government has been determined according to three scenarios with varying assumptions regarding demographic trends, productivity growth rates, oil and gas prices and the quantity of extractable reserves. The calculations show that the current fiscal policy cannot provide for the stability of public finance in the long run. The main factors of budget imbalances are the growth of pension and health care expenditures caused by demographic trends and the gradual decline in tax receipts from the oil and gas sector.	de
dc.language	en	de
dc.subject.ddc	Wirtschaft	de
dc.subject.ddc	Economics	en
dc.subject.other	fiscal sustainability; demographic forecast; oil and gas revenues; pension system	de
dc.title	The fiscal gap: An estimate for Russia	de
dc.description.review	begutachtet	de
dc.description.review	reviewed	en
dc.source.journal	Russian Journal of Economics
dc.source.volume	1	de
dc.publisher.country	RUS	de
dc.source.issue	3	de
dc.subject.classoz	Öffentliche Finanzen und Finanzwissenschaft	de
dc.subject.classoz	Public Finance	en
dc.subject.thesoz	Finanzpolitik	de
dc.subject.thesoz	fiscal policy	en
dc.subject.thesoz	Haushaltspolitik	de
dc.subject.thesoz	budgetary policy	en
dc.subject.thesoz	Steueraufkommen	de
dc.subject.thesoz	tax revenue	en
dc.subject.thesoz	Sozialausgaben	de
dc.subject.thesoz	social expenditures	en
dc.subject.thesoz	Schätzung	de
dc.subject.thesoz	estimation	en
dc.subject.thesoz	Russland	de
dc.subject.thesoz	Russia	en
dc.rights.licence	Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0	de
dc.rights.licence	Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0	en
internal.status	formal und inhaltlich fertig erschlossen	de
internal.identifier.thesoz	10035802
internal.identifier.thesoz	10039855
internal.identifier.thesoz	10059274
internal.identifier.thesoz	10037198
internal.identifier.thesoz	10057146
internal.identifier.thesoz	10057012
dc.type.stock	article	de
dc.type.document	Zeitschriftenartikel	de
dc.type.document	journal article	en
dc.source.pageinfo	240-256	de
internal.identifier.classoz	1090303
internal.identifier.journal	1465
internal.identifier.document	32
internal.identifier.ddc	330
dc.identifier.doi	https://doi.org/10.1016/j.ruje.2015.12.002	de
dc.description.pubstatus	Veröffentlichungsversion	de
dc.description.pubstatus	Published Version	en
internal.identifier.licence	20
internal.identifier.pubstatus	1
internal.identifier.review	2
dc.subject.classhort	10900	de
internal.pdf.valid	false
internal.pdf.wellformed	true
internal.pdf.encrypted	false
ssoar.urn.registration	false	de

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Öffentliche Finanzen und Finanzwissenschaft
Public Finance

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