Budget deficit data

 
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Ash



Joined: 22 May 2007
Location: Al-Ard

PostPosted: Tue Jul 20, 2010 4:47 pm    Post subject: Budget deficit data Reply with quote

Hi everyone

Anyone has any table or chart where the UK budget deficit is explained sector-wise. The longer the data set the better - quarterly, monthly or yealy is fine. I'm particularly interested in defence deficit, but sector-wise disaggregated dataset will be give me a better grasp on the things I'm working on ( - one of pet researches Very Happy).

Cheers

Ash
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admin


Joined: 25 Apr 2006

PostPosted: Tue Jul 20, 2010 5:16 pm    Post subject: Reply with quote

this page has some info, but it's not very detailed. I'm sure if you dig a bit on there, or email them, they would have to give you the info though

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luke



Joined: 11 Feb 2007
Location: by the sea

PostPosted: Tue Jul 20, 2010 6:25 pm    Post subject: Reply with quote

you might be able to get some info from http://www.ukpublicspending.co.uk

if you do find any decent details post them up
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Ash



Joined: 22 May 2007
Location: Al-Ard

PostPosted: Tue Jul 20, 2010 7:32 pm    Post subject: Reply with quote

Thanks guys Smile ...I'll look into those this weekend.
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luke



Joined: 11 Feb 2007
Location: by the sea

PostPosted: Wed Aug 18, 2010 3:55 pm    Post subject: Reply with quote

did you find any info on what makes up the deficit ash? and do you know how those monster bank bailouts affect the deficit?
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Ash



Joined: 22 May 2007
Location: Al-Ard

PostPosted: Fri Aug 20, 2010 1:24 am    Post subject: Reply with quote

Hi luke

Sorry for the late reply. My daily routine has slightly changed due to long fasting time. I've noticed some trends, but I need to look into the data more, when I get some time.

Regarding the deficit: iirc, last year I heard that every UK taxpayer will be paying at least 1000 pounds more. My guess is it's even higher than before. But your point about bank bailout is a very important one. I've actually asked a faculty member about bailouts - more specifically whether someone has done any empirical works of bailouts and not bailouts from the viewpoint of social welfare maximisation in economic terms. AFA he know none has. The reason, according to him, Central banks or government thinks that making such comparison would undermine the market. In other words, it may hamper investor's interest in the money market of the country. 'Intresting', isn't it? I'm writting this bit here in the hope that someone, specialised in Public Economics or Monetary Economics, will take it up as their future project.

My area of academic research is theoretical macroeconomics. That's why it's taking longer than usual. I'm going to ask my supervisor about it in the next meeting. Smile

Ash
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