Results 51 to 60 of about 520,326 (254)
Fiscal Policy and Fiscal Rules in the European Union [PDF]
SSRN Electronic Journal, 2005 This paper discusses the theory and practice of counter-cyclical fiscal policy to draw conclusions relevant for the fiscal architecture of the European Union. It starts by reviewing major lines of criticism on counter-cyclical fiscal policy, such as the existence of various lags, versions of Ricardian equivalence, non-Keynesian effects of fiscal ...
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DETERMINANTS OF FISCAL RULES IMPLEMENTATION – AN EU CASE STUDY [PDF]
Annals of the University of Oradea: Economic Science, 2017 This paper examines the implications of EU treaties, EU accession and other significant variables on the implementation of fiscal rules by EU states at a national level, sample period being years 1994-2015.
Onofrei Mihaela +2 more
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Fiscal Policy Rules in Practice [PDF]
SSRN Electronic Journal, 2007 This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and Spain, as both are Member States in the European Monetary Union (EMU) and underwent considerable increases in public debt in the early 1990s. We focus on the question, how fiscal policy behaves under rising public debt ratios.
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Fiscal rules: the imitation game
Applied Economics, 2023 DR LEO - Working paper 2022 ...
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The impact of fiscal councils on the budgetary consolidation [PDF]
Public and Municipal Finance, 2017 Fiscal councils are independent institutions that play an important role in execution of fiscal rules and budgetary discipline through their realistic and unbiased macroeconomic and budgetary analysis and projections.
Ante Žigman, Martina Jergović
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The Sustainability Dilemma: Fiscal Rules, Institutional Quality, and Economic Outcomes in the EU
SystemsGiven that the European Union is facing complex fiscal challenges arising from recent crises, understanding the impact of fiscal rules, institutional governance, and economic performance is critical.
Oana-Ramona Lobonț +5 more
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The Political Determinants of Fiscal Governance in the EU: Towards a New Equilibrium
Politics and Governance, 2023 The article investigates the political determinants of fiscal governance in the EU. Since the outset of the Economic and Monetary Union, the EU adopted a model of fiscal regulation which attempted to keep government debt and deficit in check to avoid ...
Marco Buti, Sergio Fabbrini
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Fiscal aspects of the European monetary integration [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2014 Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
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Issues in the Design of Fiscal Policy Rules [PDF]
The Manchester School, 2015 Theory suggests that government should smooth taxes and spending, and adjustments in the level of debt should be gradual. Fiscal rules should therefore relate to deficits rather than debt. Rules should also reflect constraints on monetary policy. In normal times, rules should reflect political and institutional considerations, such as the potential for
Portes, Jonathan, Wren-Lewis, Simon
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Fiscal Rules and Fiscal Councils
IMF Working PapersThis paper examines the evolving landscape of fiscal rules and fiscal councils worldwide, focusing on developments since the pandemic. Drawing on the latest updates to the IMF’s Fiscal Rules and Fiscal Councils databases—which cover more than 120 economies and 54 fiscal councils—it documents the increasing adoption of fiscal rules, particularly in ...
Virginia Alonso-Albarran +11 more
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