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Independent fiscal councils : recent trends and performance
Beetsma, Roel; Debrun, Xavier; Fang, Xiangming; Kim, Young - 2018
Countries increasingly rely on independent fiscal councils to constrain policymakers' discretion and curb the bias towards excessive deficits and pro-cyclical policies. Since fiscal councils are often recent and heterogeneous across countries, assessing their impact is challenging. Using the...
Persistent link: https://www.econbiz.de/10012252768
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Present-biased government, creative accounting and a pitfall in balanced budget rules
Castro-Valderrama, Marcela de - 2021
Persistent link: https://www.econbiz.de/10013197573
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Eine Schuldenbremse für Österreich : Studie im Auftrag des Staatsschuldenausschusses
Brandner, Peter; Frisch, Helmut; Grossmann, Bernhard; … - 2005
Persistent link: https://www.econbiz.de/10002970639
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A challenge for the G20 : globally stipulated debt brakes and transnational independent fiscal supervisory councils
Dolls, Mathias; Peichl, Andreas; Zimmermann, Klaus F. - 2011
Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with the economic recovery being fragile. Against this background, we call for a global debt brake...
Persistent link: https://www.econbiz.de/10009522510
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Fiscal rules and fiscal councils : recent trends and performance during the COVID-19 pandemic
Davoodi, Hamid; Elger, Paul; Fotiou, Alexandra; … - 2022
Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy...
Persistent link: https://www.econbiz.de/10013170563
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State responses to fiscal crises : the effects of budgetary institutions and politics
Poterba, James M. - 1993
Persistent link: https://www.econbiz.de/10013416221
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Do balanced budget rules work? : US experience and possible lessons for the EMU
Inman, Robert P. - 1996
Persistent link: https://www.econbiz.de/10013416346
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Debt ceilings with fiscal intransparency and imperfect electoral accountability
Sloof, Randolph; Beetsma, Roel; Steinweg, Alina - 2023
Persistent link: https://www.econbiz.de/10014235303
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Konsolidierung der Staatsfinanzen
Steiner, Viktor - 2010
Die Konsolidierung der Staatsfinanzen nach der gegenwärtigen Finanz- und Wirtschaftskrise wird eines der zentralen … BIP. Aber auch bei einer erfolgreichen Konsolidierung würde die Staatsverschuldung in 2016 noch ca. 75% des BIP betragen … verbunden sein wird, erscheint die Konsolidierung der Staatsfinanzen geboten. Der Konsolidierungsbedarf sollte nach der Krise …
Persistent link: https://www.econbiz.de/10003962932
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The "eternal character" of austerity measures in European crisis policies
Pühringer, Stephan - 2018
The European Fiscal Compact (FC) entered into force by 1 January, 2013 in 25 EU Member States. With the ratification the signatory countries commit significant parts of their budget to the European Commission and the European Court of Justice, which indicates a shift of power from legislative to...
Persistent link: https://www.econbiz.de/10011870385