...;结构预算;周期性预算;财政态势;新凯恩斯型动态模型 [gap=17837]Key words: potential output; structural budget balance; cyclical budget balance; fiscal stance; neo-Keynesian ..
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For example, if the structural primary balance (budget balance excluding debt interest) in 2015-16 turns out to be only one percentage point better than the OBR now expects, our public sector debt would now be on a long term sustainable path.
BBC: OBR report: Be aware, not afraid
The target measure was structural borrowing for current spending (the "cyclically adjusted current budget balance").
BBC: An economic mid-term review
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