Structural deficit/Definition: Difference between revisions

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Structural deficit [r]: An estimate of the budget deficit that would occur in the absence of cyclical influences.

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	An ~~imprecise term denoting either that part~~ of the [[budget deficit~~]]: (i)~~ that would occur in the absence of cyclical influences (otherwise termed the [[cyclically-adjusted budget deficit]]); or, (ii) that would occur under conditions of [[full employment]], or, (iii) the maintenance of which would produce an upward trend in [[national debt]].		An estimate of the budget deficit that would occur in the absence of cyclical influences.