Results 11 to 20 of about 520,326 (254)

The Relevance of Fiscal Rules for Fiscal and Yield Developments [PDF]

open access: greenSSRN Electronic Journal, 2013
UECE is supported by the Fundacao para a Ciencia e a Tecnologia (The Portuguese Foundation for Science and Technology) through the PEst-OE/EGE/UI0436/2011 ...
António Afonso, Ana Sofia Guimarães
openaire   +4 more sources

Fiscal Decentralization, Fiscal Rules and Fiscal Discipline [PDF]

open access: greenSSRN 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.
Bilin Neyapti
openaire   +4 more sources

An empirical study of public debt sustainability based on fiscal fatigue and fiscal space in CEMAC countries

open access: yesInternational Studies of Economics, 2022
This paper seeks first to test whether there is evidence of fiscal fatigue in the Central Africa Economic and Monetary Community (CEMAC) countries.
Ulrich Ekouala Makala
doaj   +1 more source

The case for fiscal rules [PDF]

open access: yesEconomic Modelling, 2017
This paper estimates the effects of fiscal institutions on fiscal policy outcomes, addressing issues related to measurement and endogeneity in a novel way. Recently developed indices, based on partially ordered set theory, are used to quantify the stringency of fiscal rules.
Badinger, Harald, Reuter, Wolf Heinrich
openaire   +3 more sources

A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations

open access: yesGospodarka 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
doaj   +1 more source

European Union’s Fiscal Rules and New Financial Instruments for 2021- 2027: Bulgaria’s Case Study [PDF]

open access: yesBulgarian Journal of International Economics and Politics, 2021
Fiscal policymaking of the Member States aims to follow fiscal rules through the economic cycle that ensure macroeconomic sustainability in the European Union (EU).
Iana Paliova
doaj   +1 more source

The long-lasting post-covid symptom: The case for the EU fiscal rules reform? [PDF]

open access: yesPravni 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
doaj   +1 more source

Monetary Rules and Fiscal Feedback Rules [PDF]

open access: yesSSRN 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
openaire   +3 more sources

Fiscal Rule in Africa [PDF]

open access: yesOpen Economics, 2020
Abstract Fiscal policy has recently been encouraged to increase competition, monitor Africa’s debt to GDP and improve its economic growth. Importantly, the present fiscal situation in most African countries will seem to have significant consequences for both public and private investments.
openaire   +2 more sources

Fiscal Rules, Fiscal Space and Procyclical Fiscal Policy [PDF]

open access: yesSSRN 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
openaire   +3 more sources

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