Results 41 to 50 of about 520,326 (254)

The analysis of contextual variables affecting the efficiency of fiscal rules in the EU

open access: yesCroatian Operational Research Review, 2019
Fiscal rules are among the cornerstones of macroeconomic policies in the European Union, both on the national and the supranational level. The importance of enacting and conducting the fiscal rules has become apparent after the expansion of public debts ...
Maja Mihelja Žaja   +2 more
doaj   +1 more source

Evaluating Fiscal Performance: A Fixed-Effect Panel Threshold Approach to National and Supranational Rules

open access: yesMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Fiscal rules are designed to prevent budget deficits arising from frequent and abrupt changes in countries' fiscal policies. These changes can be attributed to shifts in regional and global economic conditions, as well as short-term decisions made by ...
Oğuzhan Yelkesen   +1 more
doaj   +1 more source

Impact of fiscal institutions on public finances in the European Union: Review of evidence in the empirical literature

open access: yesReview of Economic Perspectives, 2021
This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal
Gorčák Martin, Šaroch Stanislav
doaj   +1 more source

Do fiscal rules matter? A survey of recent evidence

open access: yesSwiss Journal of Economics and Statistics
Fiscal rules are argued to be important for sound and sustainable fiscal policies and have been increasingly adopted over the last 20 years. As increased fiscal pressure and fiscal risks urge countries to address the public debt legacy left by recent ...
Thomas Brändle, Marc Elsener
doaj   +1 more source

Correlation Between Fiscal Rules and Sustainable Development of the Visegrad Group Countries

open access: yesProblemy Zarządzania, 2019
The research question presented in this analysis focuses on national fiscal rules applicable in the Visegrad Group (also called V4) expressed in the European standardised fiscal rules index and on their impact on the socio-economic policy.
Jens Hölscher   +3 more
doaj   +1 more source

Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective

open access: yesEconomics: Journal Articles, 2021
In this study, we will perform a simulation exercise to investigate whether the use of explicit fiscal rules improves the macroeconomic performance in the economic framework of the European Union (EU), where the fall in income levels occurred very ...
Díaz-Roldán Carmen   +2 more
doaj   +1 more source

Adapting the EU Economic Governance to New Macroeconomic and Political Realities

open access: yesIntereconomics, 2020
There was a widespread consensus on the need to modify fiscal rules in the EU even before the COVID-19 crisis. The aim of this article is to reflect on the reform of fiscal rules from a broader perspective, looking at three different dimensions: the ...
Raffaele Fargnoli
doaj   +1 more source

Flexible fiscal rules and countercyclical fiscal policy

open access: yesJournal of Macroeconomics, 2016
Abstract This paper assesses the impact of different types of flexible fiscal rules on the procyclicality of fiscal policy with propensity scores-matching techniques, thus mitigating traditional self-selection problems. It finds that not all fiscal rules have the same impact: the design matters.
Rene Tapsoba   +2 more
openaire   +1 more source

Advantages and Disadvantages of Fiscal Rules as Instruments of Anti-Cyclical Regulation of the Economy [PDF]

open access: yesОблік і фінанси, 2019
Today, the question of introducing state-of-the-art economic management technologies in Ukraine is very urgent, especially in the area of fiscal policy.
Oksana Desyatnyuk, Taras Marshalok
doaj   +1 more source

Credibility of fiscal policies and independent fiscal bodies [PDF]

open access: yes, 2010
In this paper we address the problem of credibility in fiscal policy. In many instances fiscal policy as conducted by governments is not perceived as credible.
Naert, Frank
core   +1 more source

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