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In the European Union, the creation of public debt statistics starts with member state governments' reports. The EU …
Persistent link: https://www.econbiz.de/10012964772
This paper studies the impact of national fiscal rules on government size as measured by the ratio of government expenditures to gross domestic product. We develop a model of the budgetary process and show that a common pool problem may arise which can be mitigated through fiscal rules. We test...
Persistent link: https://www.econbiz.de/10013315620