• ** ^1 * • Ih ¿χ* * * ** BlBLio 1992 Document interne Presenting useful comparative information on EC member countries culled from recent acquisitions of the Commission's Central Library. Présentant des informations utiles surdes données comparatives dans les pays membres des CE; extraites des acquisitions récentes de la Bibliothèque centrale No. 04 - 1989 de la Commission. GOVERNMENT DEFICITS. SPESE SOCIO-ASSISTENZIALI. MULTINATIONAL ENTERPRISES, GROESSENSTRUKTUR DER SCHWEIZERISCHEN WIRTSCHAFT. DAIRYING. POLITICAL UNREST. CHEMICAL INDUSTRY, PRODUCTIVITY IN MANUFACTURING INDUSTRIES, VENTES D'ARMES TAUX D'INTERET, INDUSTRIAL DISTRICTS. For full text of documents cited please apply to: Service de photocopie - JECL 1/ 50 Pour la copie intégrale des documents mentionnés s.v.p. adressez-vous à: Tel.: 50466/54170 ANNALES D'ÉCONOMIE ET DE STATISTIQUE. - N° 13 — 1989 ' Inflation Adjusted Government Budget Deficits and their Impact on the Business Cycle: Empirical Evidence for Eight Industrial Countries Giuseppe TULLIO * ABSTRACT. - This paper presents estimates of output equations for eight industrial countries. It shows that inflation adjusted budget surpluses do not unambiguously possess a greater explanatory power than non adjusted ones, contrary to EISNER and PIEPER [1984, 1986].