Results 31 to 40 of about 520,326 (254)
Fiscal responsibility law and subnational finance in India - An analysis of Assam’s fiscal scenario [PDF]
Economic Horizons, 2021 Fiscal responsibility law has become an important instrument for better fiscal management and ensuring fiscal discipline, particularly so in the federal countries where their subnational governments often indulge in fiscal indiscipline.
Santosh Borkakati +1 more
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Enforcement of Fiscal Rules: Lessons from the Fiscal Compact [PDF]
SSRN Electronic Journal, 2021 In 2012, 22 EU countries signed the Fiscal Compact, an intergovernmental agreement aimed at backing EU fiscal rules with national arrangements. The main objective of the Compact was to strengthen compliance. Based on a survey of national independent fiscal institutions, we take a closer look at the correction mechanism, the core of the Fiscal Compact ...
Larch, Martin +2 more
openaire +3 more sources
Fiscal Cyclicality Under State Finances Law in Indonesia
Jurnal Ekonomi dan Studi Pembangunan, 2022 This study aims to analyze the cyclicality of fiscal policy under state finances law in Indonesia. The Indonesian government officially enacted the 2003 and 2004 Laws on State Finances, and it regulates fiscal rules covering the amount of the budget ...
Mirzalina Zainal +2 more
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The Mundell‑Fleming Model and Macroeconomic Stabilization Policies
Comparative Economic Research, 2023 This paper analyzes the fiscal policy implications set in the Mundell‑Fleming (M‑F) model and its effectiveness in emerging economies. It also widens the scope of the policy mix with alternative exchange rates.
Erico Wulf Betancourt, Ryszard Piasecki
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PSL Quarterly Review, 2014 In recent years policy-makers have been confronted with the twin tasks of reducing the pace of inflation and attempting to stabilise the economy, while these very problems make the outcome of their policies less certain.
G. VACIAGO
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Fiscal performance in monetary unions: How much austerity should be allowed? [PDF]
Panoeconomicus, 2017 The effectiveness of fiscal policy becomes particularly relevant in the case of the member countries of a monetary union facing a sovereign debt crisis.
Díaz-Roldán Carmen
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Fiscal Rules and Fiscal Illusions – The Experience of Poland
Financial Law Review, 2021 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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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
openaire +4 more sources
Fiscal Rules and Structural Reforms [PDF]
SSRN Electronic Journal, 2018 Implementation of fiscal surveillance rules relies heavily on the proper interpretation of legal terms, creating a need to infuse economic insight into legal analysis. Rigid legal application of fiscal deficit rules may curtail structural reforms, as reforms can go against fiscal consolidation in the short run.
Sajedi, Rana, Steinbach, Armin
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MMT, monetary sovereignty and fiscal policy space in Brazil (1999-2019)
Cuadernos de Economía, 2023 There are controversies regarding the applicability of Modern Money Theory (MMT) to emerging countries. In this paper, we shed light on this debate by analyzing the monetary sovereignty and fiscal policy regime in Brazil from 1999 to 2019.
Norberto Montani Martins +1 more
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