Results 11 to 20 of about 520,326 (254)
The Relevance of Fiscal Rules for Fiscal and Yield Developments [PDF]
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
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Fiscal Decentralization, Fiscal Rules and Fiscal Discipline [PDF]
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
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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
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The case for fiscal rules [PDF]
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
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A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations
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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European Union’s Fiscal Rules and New Financial Instruments for 2021- 2027: Bulgaria’s Case Study [PDF]
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
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The long-lasting post-covid symptom: The case for the EU fiscal rules reform? [PDF]
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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Monetary Rules and Fiscal Feedback Rules [PDF]
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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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.
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Fiscal Rules, Fiscal Space and Procyclical Fiscal Policy [PDF]
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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