Fiscal Councils : Rationale and Effectiveness /

The paper discusses the effectiveness of independent fiscal institutions-or fiscal councils-in taming the deficit bias that emerged in the 1970s. After a review of the main theoretical arguments and recent trends about fiscal councils, we develop a stylized model showing how a fiscal council can eff...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Beetsma, Roel
Rannpháirtithe: Debrun, Xavier
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2016.
Sraith:IMF Working Papers; Working Paper ; No. 2016/086
Rochtain ar líne:Full text available on IMF