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Design choices for fiscal policy rules

Anderson, Barry; Minarik, Joseph J. - In: Fiscal policy : current issues and challenges ; papers …, (pp. 513-555). 2008

Persistent link: https://www.econbiz.de/10010381698

How best to measure discretionary fiscal policy? : assessing its impact on private spending

Agnello, Luca; Furceri, Davide; Sousa, Ricardo M. - In: Economic modelling 34 (2013), pp. 15-24

Persistent link: https://www.econbiz.de/10010360627

Central bank policy in a monetary union with heterogeneous member countries

Tomat, Gian Maria - In: Empirica : journal of european economics 48 (2021) 3, pp. 759-773

Persistent link: https://www.econbiz.de/10012588142

Consistent flexibility : enforcement of fiscal rules through political incentives

Dotti, Valerio; Janeba, Eckhard - 2021

We study a fiscal policy model in which the government is present-biased, leading to an excessive public deficit. An optimally designed fiscal rule needs to trade off the benefit of committing the government to not overspend against the benefit of granting it flexibility to react to shocks to...

Persistent link: https://www.econbiz.de/10013342108