Do Fiscal Rules Cause Better Fiscal Balances A New Instrumental Variable Strategy
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Language: en
Pages: 27
Pages: 27
Type: BOOK - Published: 2019-03-05 - Publisher: International Monetary Fund
This paper estimates the causal effect of fiscal rules on fiscal balances in a panel of 142 countries over the period 1985-2015. Our instrumental variable strat
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Type: BOOK - Published: 2019-03-05 - Publisher: International Monetary Fund
This paper estimates the causal effect of fiscal rules on fiscal balances in a panel of 142 countries over the period 1985-2015. Our instrumental variable strat
Language: en
Pages:
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Type: BOOK - Published: 2020 - Publisher:
We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted growth from the Industrial Revolution until Wo
Language: en
Pages: 36
Pages: 36
Type: BOOK - Published: 2019-12-27 - Publisher: International Monetary Fund
This paper estimates the causal effect of fiscal rules on political budget cycles in a sample of 67 developing countries over the period 1985–2007. We exploit
Language: en
Pages: 132
Pages: 132
Type: BOOK - Published: 2018-04-13 - Publisher: International Monetary Fund
Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new