Bunching at 3 Percent : The Maastricht Fiscal Criterion and Government Deficits /

This paper estimates the effects of the Maastricht treaty's fiscal criterion on EU countries' general government deficits. We combine treatment effects methods with bunching estimation, and find that the 3 percent deficit rule acts as a 'magnet', increasing the number of observat...

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Bibliografiske detaljer
Hovedforfatter: Caselli, Francesca
Andre forfattere: Wingender, Philippe
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2018.
Serier:IMF Working Papers; Working Paper ; No. 2018/182
Online adgang:Full text available on IMF