Results 11 to 20 of about 1,606,303 (302)
Fiscal Rules and Fiscal Illusions – The Experience of Poland [PDF]
The aim of this article is to provide the synthetic presentation of over twenty years of Poland’s experience in establishing and obeying the system of fiscal rules.
Przemysław Panfil
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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 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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Fiscal Rules and Fiscal Councils
Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy room to respond to the health crisis. But the unprecedented
Hamid Davoodi +7 more
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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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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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NUMERICAL FISCAL RULES PRECURSOR OF FISCAL PERFORMANCE [PDF]
Tax rules and other institutional and economic factors can, in principle, either exacerbate or mitigate the procyclicality of tax policy. In the wake of the global financial crisis, the sustainability of public finances has become one of the most ...
ENE SIMONA MARIA
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