In this study, we will perform a simulation exercise to investigate whether the use of explicit fiscal rules improves the macroeconomic performance in the economic framework of the European Union (EU), where the fall in income levels occurred very asymmetrically, and this has accentuated the...

"The promotion of economic development is a recurrent area of interest, both in the policy ground as well as in the academic arena. Developed and developing countries are aware that there are pending issues to be solved. Trying to offer a response to some of them, the Sustainable Development...