Search Results - subject:"Fiscal responsibility"

A Structural VAR Approach to Estimating Budget Balance Targets

Buckle, Robert A; Kim, Kunhong; Tam, Julie - Treasury, Government of New Zealand - 2001

The Fiscal Responsibility Act 1994 states that, as a principle of responsible fiscal management, a New Zealand …

Persistent link: https://www.econbiz.de/10005176922

Intergovernmental Relations and Fiscal Discipline; Between Common Tax Resources and Soft Budget Constraints

Pisauro, Guiseppe - International Monetary Fund (IMF) - 2001

Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits. The paper reviews lessons drawn from the theoretical literature and international experience on the design of intergovernmental relations. The institutional setup should address...

Persistent link: https://www.econbiz.de/10005599749

New Zealand's Fiscal Policy Framework: Experience and Evolution

Janssen, John - Treasury, Government of New Zealand - 2001

institutional framework and Budget processes. The key institutional change has been the introduction of the Fiscal Responsibility … responsible fiscal management” as opposed to mandatory targets. However, the Fiscal Responsibility Act 1994 does require …

Persistent link: https://www.econbiz.de/10005464971

Do fiscal responsibility laws matter? Evidence from emerging market economies suggests not

Thornton, John - In: Journal of Economic Policy Reform 12 (2009) 2, pp. 127-132

This paper asks whether the adoption of fiscal responsibility laws (FRLs) has improved fiscal performance in nine …

Persistent link: https://www.econbiz.de/10009208129

Do fiscal responsibility laws matter? Evidence from emerging market economies suggests not

Thornton, John - In: Journal of Economic Policy Reform 12 (2009) 2, pp. 127-132

This paper asks whether the adoption of fiscal responsibility laws (FRLs) has improved fiscal performance in nine …

Persistent link: https://www.econbiz.de/10004982202

Budgetary Convergence in the WEAMU; Adjustment Through Revenue or Expenditure?

Nachega, Jean-Claude; Dore, Ousmane - International Monetary Fund (IMF) - 2000

A regional convergence pact adopted recently by the Conference of Heads of States of WAEMU provides a framework for fiscal convergence similar to the European Union’s Maastricht Treaty. Using bivariate co-integration and error-correction models, this paper investigates the relationship between...

Persistent link: https://www.econbiz.de/10005605088

Fiscal Responsibility and Australian Commonwealth , State and Territory Government Budgets

Wines, Graeme - Deakin University, Faculty of Business and Law, School … - 2006

government budget surplus and deficit numbers in the context of fiscal responsibility, the Commonwealth government’s Charter of …

Persistent link: https://www.econbiz.de/10004982315

Trends and Future Directions in Tax Policy Reform; A Latin American Perspective

Shome, Parthasrathi - International Monetary Fund (IMF) - 1992

Tax reform in Latin America during the 1980s emphasized broad-based, low-rate consumption taxes over steeply progressive income and property taxes, primarily to simplify the tax structure and facilitate tax administration. While tax reform need not necessarily raise tax-to-GDP ratios, countries...

Persistent link: https://www.econbiz.de/10005599385

Responsabilidad/Irresponsabilidad Fiscal: Análisis Internacional de Convergencia/Divergencia

Mafé, Salvador Castro - In: Estudios de Economía Aplicada 6 (1996) Diciembre, pp. 39-63

measure the degree of fiscal responsibility/irresponsibility of the several territorial levels of government in Spain, other … between Spain and these countries, showing a) the low values of fiscal responsibility of same territorial levels of government … straighforward for these countries: improvements of fiscal responsibility can be obtained by implementing changes and reforms aiming …

Persistent link: https://www.econbiz.de/10005737078