Arbeitspapier
Sovereign Net Worth: An Analytical Framework
The Fiscal Responsibility Act requires the Crown to articulate targets for a series of fiscal variables, including net worth. Given the dramatic improvement in the fiscal position in recent years, a critical policy question relates to how (and which) measures of Crown net worth should be targeted. This paper sets out a framework for targeting Crown net worth. It does so by supplementing the GAAP-based measure with forward-looking information about spending and tax revenue. The paper argues that targeting net worth for the Crown requires the estimation of a path, rather than a static level.
- Language
-
Englisch
- Bibliographic citation
-
Series: New Zealand Treasury Working Paper ; No. 99/03
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Bradbury, Simon
Brumby, Jim
Skilling, David
- Event
-
Veröffentlichung
- (who)
-
New Zealand Government, The Treasury
- (where)
-
Wellington
- (when)
-
1999
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bradbury, Simon
- Brumby, Jim
- Skilling, David
- New Zealand Government, The Treasury
Time of origin
- 1999
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