This study presents a framework for assessing fiscal sustainability in Chile, incorporating the Pension Reserve Fund and cyclically adjusted balance policy, and simulates fiscal scenarios up to 2025.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Andrés Tomaselli, Cristóbal Gamboni Mauricio G. Villena |
| Time horizon: | 2025 |
| Geographic focus: | Chile |
| Page count: | páginas. 203-23 |
The methodology involves ex post calculation of fiscal sustainability indicators, development of a dynamic model incorporating the Pension Reserve Fund and cyclically adjusted balance policy, and simulation of the central government's net debt path up to 2025 using trend and adverse macroeconomic scenarios based on the 2018 Public Finance Report.
(Generated with the help of GPT-4)
The research develops a framework to analyze Chile's fiscal sustainability, integrating the Pension Reserve Fund dynamics and cyclically adjusted balance policy. It calculates ex post vulnerability and sustainability indicators, proposes a dynamic fiscal sustainability model, and projects the central government's net debt trajectory under trend and adverse scenarios until 2025, considering the 2018 Public Finance Report projections.
(Generated with the help of GPT-4)
Categories: 2020s time horizon | 2025 time horizon | Chile geographic scope | English publication language | chilean economy | cyclically adjusted balance | economic indicators | economic trends | fiscal sustainability | macroeconomics | pension reserve fund | policy simulation | public debt | public finance