01636cas a2200241 a 4500 AALejournalIMF001720 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451977530 1018-5941 BD-DhAAL BD-DhAAL Chand, Sheetal. Fiscal Impulses and their Fiscal Impact / Sheetal Chand. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (18 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual budget balance. However, they have been criticized for lacking an analytical rationale. This paper uses a simple framework to show that the fiscal impulse measure can be analytically derived. While this removes one source of criticism, the measure, nevertheless, should be used carefully when making inferences of fiscal impact. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1992/038 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/038/001.1992.issue-038-en.xml IMF e-Library