Results 11 to 20 of about 9,905 (260)
The long-lasting post-covid symptom: The case for the EU fiscal rules reform? [PDF]
Pravni Zapisi, 2022 The paper investigates compliance with the EU fiscal rules in the period 1992-2020. The EU fiscal rules are prescribed as guidelines and represent a typical example of the soft law approach.
Babin Mihajlo, Ivanov Iva, Erić Miloš
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A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations
Gospodarka Narodowa. The Polish Journal of Economics, 2022 This paper assesses the economic implications of existing fiscal rules in Poland, Switzerland and Germany. In the analysis, we establish economic relationships between output, government revenues and expenditures, estimating a VAR model based on US data ...
Adam Pigoń, Michał Ramsza
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Journal of Government and Economics, 2022 This paper introduces a dataset that gathers information on whether and how Latin America and the Caribbean (LAC) have complied with or deviated from implemented fiscal rules. It provides annual data on fiscal rules for 14 LAC countries from 2000 to 2020,
Carolina Ulloa-Suarez, Oscar Valencia
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Fiscal Rules, Fiscal Space and Procyclical Fiscal Policy [PDF]
SSRN Electronic Journal, 2015 In this paper we analyse the interaction of fiscal rules and fiscal space. We find strong evidence for fiscal rules being associated with higher fiscal space. Furthermore, the analysis shows that countries with more fiscal space tend to have higher discretionary expenditures, but that this effect is significantly reduced if fiscal rules are in place. A
Nerlich, Carolin, Reuter, Wolf Heinrich
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Constitutionalisation of Fiscal Rules in Times of Financial Crises – a Cure or a Trap?
Financial Law Review, 2021 The global financial crisis of 2008 undoubtedly had a significant impact on the constitutional regulation of economic and financial matters. As a consequence of economic downturn six EU Member States (
Łukasz Kielin
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Monetary Rules and Fiscal Feedback Rules [PDF]
SSRN Electronic Journal, 2014 Based on a Cobb-Douglas social welfare function in terms of the utilities of two concurrent generations, this paper derives a Pareto-efficient, envy-free, and equitable interest rate rule supported by a nonlinear-tax feedback rule in case of steady-state disturbance.
Gerasimos T. Soldatos +1 more
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Fiscal Decentralization, Fiscal Rules and Fiscal Discipline [PDF]
SSRN Electronic Journal, 2013 Fiscal decentralization (FD) and fiscal rules (FR) are institutional mechanisms that have been implemented in increasing number of countries by varying measures. This paper investigates empirically the effect of FR on the effectiveness of FD in achieving fiscal discipline.
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American Economic Journal: Applied Economics, 2016 Fiscal rules are laws aimed at reducing the incentive to accumulate debt, and many countries adopt them to discipline local governments. Yet, their effectiveness is disputed because of commitment and enforcement problems. We study their impact applying a quasi-experimental design in Italy.
Grembi, Veronica +2 more
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Studia i Materiały, 2016 Fiscal rules are a tool for disciplining fiscal policy and ensuring the balance in public finances. The article is devoted to the fiscal rules in force in Poland.
Anna Kawarska
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A case for the introduction of numerical fiscal rules in the Serbian Constitution [PDF]
Ekonomski Anali, 2017 The recommendation of numerical fiscal rules in Serbia, presented in this paper, is based on the inherent bias of fiscal policy towards expenditure, and consequently continuous fiscal deficit and excessive sovereign debt.
Begović Boris +2 more
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