Public Debt Monitor Update – 6th April 2018
Access to the Public Debt Monitor Update – 6th April 2018
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Executive Summary of the Report on the Macroeconomic Forecasts in the 2018 Draft General State Budgets
Access to Executive Summary of the Report on the Macroeconomic Forecasts in the 2018 Draft General State Budgets
Report on the Macroeconomic Forecasts of the Draft General State Budget for 2018
The Independent Authority for Fiscal Responsibility (AIReF) endorses the forecasts of the Government's macroeconomic scenario, according to the Report published below. AIReF considers that "the Government's macroeconomic scenario accompanying the Draft 2018 General State Budget is prudent as a whole". On the domestic front, it states, "the worst scenarios that could be glimpsed in October ... Read more
Working Paper 2/2018. Estimating Output Gap: a Beauty Contest Approach
Working Paper 2/2018. Estimating Output Gap: a Beauty Contest Approach
In opinion of AIReF, the amendments to its organic statute approved by the Council of Ministers reinforce its independence
The Independent Authority for Fiscal Responsibility (AIReF) believes that the amendments to its Organic Statute introduced through the Royal Decree approved by the Council of Ministers on 9 March reinforces its independence, with improved access to information, drafting of its budget and monitoring of recommendations. The explanatory memorandum to Royal Decree 105/2018 approved by the Council of … Read more
The Network of EU IFIs expresses deep concerns over the Danish IFI’s ability to effectively perform its functions
In a statement, the Network of EU IFIs expresses deep concerns over the Danish IFI’s ability to effectively perform its functions. This statement has been realeased after the Danish Government’s decision to recolocate the Danish Economic Council away from the Copenhagen area. The Network, whose president is José Luis Escrivá, understands that the decision is a part of … Read more
Stability Target Monitoring Update November 2017
Access to the Stability Target Monitoring Cards / November 2017: A. General Government B. Central Administration D. Social Security Funds E. Regions
Working Paper 2/2018. The impact of discretionary measures on revenue elasticities
Presentation of Working Paper 2/2018. The impact of discretionary measures on revenue elasticities
Working paper 1/2018. Some Unpleasant Labor Arithmetics: A tale of the Spanish 2012 Labor Market Reform
The 2008 economic and financial crisis and its posterior EU banking and sovereign debt dimensions highlighted some unresolved structural issues in the Spanish labor market, exacerbating unemployment issues. Duality between permanent and temporary workers, excessive rigidities in wage setting and collective bargaining arrangements and extreme volatility, particularly in employment, stand amongst the most commonly cited … Read more
Report on the Macroeconomic Forecasts for the 2018 Budget of the Autonomous Regions
Access to the Report on the Macroeconomic Forecasts for the 2018 Budget of the Autonomous Regions