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Fiscal rules specify quantitative targets for key budgetary aggregates. In this paper, we review the experience with such rules in Japan and in the EU. Comparing the performance of fiscal policy in the 1980s and 1990s until 2003, we find that the fiscal rule of the 1980s exerted some but not...
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public finance economists are researching. Because the 2020 International Institute of Public Finance (IIPF) Congress … Tax and Public Finance (ITAX), reflect on interesting papers that were presented at this internationally representative …
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