The case against balanced budgets

Australian Journal of Public Administration

Volumn 55, Issue 1, 1996, Pages 48-62

  Robinson, Marc ^a  

^a QUEENSLAND UNIVERSITY OF TECHNOLOGY   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030487392     PISSN: 03136647     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-8500.1996.tb01181.x     Document Type: Article

References (38)

1. Auerbach, A, J Gokhale and L Kotlikoff 1994, 'Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy', Journal of Economic Perspectives, 8 (1), Winter, 73-94.
2. Barro, R 1979. 'On the Determination of the Public Debt', Journal of Political Economy, 87 (5), 940-71.
3. Baxter, W 1981. Depreciating Assets: an Introduction, London: Gee & Co.
4. Blejer, M and A Cheasty 1991. 'The Measurement of Fiscal Deficits: Analytical and Methodological Issues', Journal of Economic Literature, XXIX, December, 1644-78.
5. Blejer, M and A Cheasty 1992 'How to Measure the Fiscal Deficit', Finance and Development, September, 40-42.
6. Bohn, H 1992. 'Budget Deficits and Government Accounting', Carnegie-Rochester Conference Series on Public Policy, 37, 1-84.
7. Boskin, M 1982. 'Federal Government Deficits: Some Myths and Realities', American Economic Review, 72 (2), May, 296-303.
8. Boskin, M 1988. 'Concepts and Measures of Federal Deficits and Debt and Their Impact on Economic Activity', in K J Arrow and M J Boskin (eds), The Economics of Public Debt, MacMillan, London
9. Buiter, W and K Kletzer 1992. 'Who's Afraid of the Public Debt', American Economic Review (AEA Papers and Proceedings). 82 (2), May, 290-94.
10. Eisner, R 1992. 'Deficits: Which, How Much, and So What?', American Economic Review (AEA Papers and Proceedings). 82 (2), May, 295-98.
11. Eisner, R 1994. 'Real Government Saving and the Future', Journal of Economic Behaviour & Organisation, 23, 11-126
12. Eisner, R and P Pieper 1984. 'A New View of the Federal Debt and Budget Deficits', American Economic Review, 74 (1), March, 11-29.
13. Evans, D and M Wooden 1989. 'The Scope and Nature of SA Public Sector Activity' in R Blandy and C Walsh (eds), Budgetary Stress: the South Australian Experience, Sydney, Allen and Unwin.
14. Feldstein 1976. 'Perceived Wealth in Bonds and Social Security: A Comment', Journal of Political Economy, 84 (2), 331-36.
15. Fitzgerald, V 1993. National Savings: a Report to the Treasurer, Canberra, the Treasury.
16. Gramlich, E 1991. 'The 1991 State and Local Fiscal Crisis', Brookings Papers on Economic Activity, 2, 249-87.
17. Haveman, R 1994. 'Should Generational Accounts Replace Public Budgets and Deficits?', Journal of Economic Perspectives, 8 (1), Winter, 95-111.
18. Howard, J 1995. 'A Competitive Australia', mimeographed speech, July.
19. Kotlikoff, L 1992. Generational Accounting - Knowing Who Pays, and When, for What We Spend, New York, Free Press.
20. Kowalcky, L and L LeLoup 1993. 'Congress and the Politics of Statutory Debt Limitation', Public Administration Review, 53 (1), January/February, 14-27.
21. Liberal-National Coalition 1993. 'Coalition Release Financial Plan to Restore Balanced Budget', Press Release, 2 February, accompanying Financial Management: Western Australian Coalition Policies for the Nineties, Perth, ALP.
22. Moore, D and M Porter 1991. Victoria: an Agenda for Change, Melbourne, Tasman Institute and Institute of Public Affairs.
23. Musgrave, R 1988. 'Public Debt and Intergeneration Equity', in K J Arrow and M J Boskin (eds), The Economics of Public Debt, MacMillan, London.
24. Myers, S 1972. 'Avoiding Depreciation Influences on Investment Decisions', Financial Management, Winter, 17-24.
25. New Zealand Business Roundtable 1994. Submission to the Finance and Expenditure Committee of the House of Representatives on the Fiscal Responsibility Bill, Wellington.
26. NSW Auditor-General 1994. Private Participation in the Provision of Public Infrastructure, Sydney, Auditor-General's Office.
27. NSW Public Accounts Committee 1994. Inquiry into Stale Debt Control (Balanced Budget) Bill 1994, Report No. 86 (with transcripts of public hearings on the Bill), Sydney, Parliament of NSW.
28. NSW Treasury 1994. Balanced Budget and Debt Control Proposal, Sydney, The Treasury.
29. Odling-Smee, J and C Riley 1985. 'Approaches to the PSBR', National Institute Economic Review, August, 65-80.
30. OECD 1993. Accounting for What: The Value of Accrual Accounting to the Public Sector, Occasional Papers on Public Management.
31. QPD, Queensland Parliamentary Debates (Hansard).
32. Queensland Government 1990. 1990-91 Budget Paper No 4, Supplementary Budget Information, Brisbane, Queensland Treasury.
33. Robinson, M 1986. Economists and Politicians: The Influence of Economic Ideas upon Politicians and Governments, 1931 to 1945, PhD Thesis, Australian National University.
34. Robinson, M 1994. 'Those Artificially "Balanced" Budgets Can't Change Reality', Australian Financial Review, 19 October: 18.
35. Robinson, M 1995a. 'Queensland Public Finance in the Nineties', Economic Analysis and Policy, September.
36. Robinson, M 1995b. 'Crisis and Response: South Australian Financial Management in the Nineties', Accountability and Performance, December.
37. South Australia 1994. Financial Statement, Adelaide.
38. Victoria 1993. Report of the Victorian Commission of Audit, Vol 1, Melbourne.