======The political economy of the fiscal deficit in nineteenthcentury Chile======
This report examines the rise of fiscal deficits in 19th-century Chile, attributing it to increased political instability.  \\ 
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^  Quick Facts  ^^
|Report location:  |[[https://repositorio.cepal.org/server/api/core/bitstreams/2598e3ec-38e3-480e-9c57-fae05fef793c/content|source]]   |
|Language:  |English  |
|Publisher:  |<WRAP> 
  * [[encyclopedia:economic_commission_for_latin_america|Economic Commission for Latin America]]  
</WRAP>   |
|Authors:  | Roberto Pastén  |
|Geographic focus:  |Chile   |
|Page count:  |páginas. 157-17  |

=====Methods=====
The research method involves historical analysis of Chile's fiscal spending and revenues between 1833 and 1891, utilizing the Bai-Perron test to identify structural breaks in the Chilean fiscal deficit series and examining political and economic events to understand their impact on fiscal policy.  \\ 
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=====Key Insights=====
The report explores the fiscal deficit trend in 19th-century Chile, suggesting political turmoil as a key factor, particularly from the 1860s onward, which led to a departure from earlier economic stability and alignment of taxes with spending.  \\ 
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(Generated with the help of GPT-4) \\ 


=====Additional Viewpoints=====
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<span #categories_box> Categories:  {{tag>Chile_geographic_scope}} |  {{tag>English_publication_language}} |  {{tag>budget_deficits}} |  {{tag>civil_war}} |  {{tag>economic_history}} |  {{tag>fiscal_policy}} |  {{tag>political_instability}} |  {{tag>political_realignment}} |  {{tag>public_spending}} |  {{tag>tax_smoothing}} |  {{tag>tax_tilting}} |  {{tag>war_financing}}   </span>  


~~DISCUSSION~~