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American Economic Journal: Applied Economics, ISSN 1945-7782, 7/2016, Volume 8, Issue 3, pp. 1 - 30
Fiscal rules are laws aimed at reducing the incentive to accumulate debt, and many countries adopt them to discipline local governments. Yet, their... 
POLICY | INSTITUTIONS | REGRESSION DISCONTINUITY DESIGNS | ACCOUNTABILITY | POLITICIANS | TAXATION | TAXES | ECONOMICS | BUDGET DEFICITS | GOVERNMENT | BENEFITS | Studies | Fiscal policy | Economic theory | International
Journal Article
2017, Routledge foundations of the market economy, ISBN 1138201804, Volume 34, x, 183 pages
The U.S. Government's accumulated national debt and unfunded liabilities in social security and Medicare could be pushing the country towards a fiscal crisis.... 
Fiscal policy | United States Economic conditions | Rule of law | United States Politics and government | Politics & government | Financial crises | Conservatism | Economic Theory & Philosophy | U.S. Politics | Political Economy | Political Theory | American Political Thought | United States
Book
Macroeconomic Dynamics, ISSN 1365-1005, 06/2018, Volume 23, Issue 8, pp. 1 - 34
This paper shows how fiscal policy affects unemployment in a New Keynesian model with search and matching frictions and distortionary taxation. The model is... 
Fiscal Rules | Search and Matching | Unemployment | Fiscal Policy | CYCLICAL BEHAVIOR | SEARCH | KEYNESIAN MODEL | DSGE MODEL | BUSINESS CYCLES | MONETARY-POLICY | LABOR-MARKET | JOB DESTRUCTION | STIMULUS | ECONOMICS | EQUILIBRIUM UNEMPLOYMENT
Journal Article
Economic Modelling, ISSN 0264-9993, 06/2018, Volume 72, pp. 306 - 319
This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates... 
Nonlinearities | Emerging countries | Taylor rule | ROBUSTNESS | REGIMES | INTERVENTIONS | EXCHANGE-RATE | OUTPUT-GAP | MODELS | INFLATION | UNIT-ROOT | TIME-SERIES | ECONOMICS | ECONOMY | Monetary policy | Developing countries | Emerging markets
Journal Article
Applied Economics Letters, ISSN 1350-4851, 02/2017, Volume 24, Issue 3, pp. 154 - 158
This article empirically assesses determinants of countries' fiscal rules suggested by the political science, sociology and economics literature. We find... 
E62 | instrumental variables | H60 | H30 | Fiscal rules | deficit bias | RATES | POLICY | FRACTIONAL RESPONSE VARIABLES | ECONOMICS | Fiscal policy | Rules
Journal Article
Journal of Public Economics, ISSN 0047-2727, 10/2016, Volume 142, pp. 11 - 23
Fiscal rules have become popular to limit deficits and high debt burdens in many countries. A growing literature examines their impact based on aggregate... 
Budget deficits | Survey | Debt brake | Credibility | Fiscal rules | EMPIRICAL-ANALYSIS | POLICY | RISK | ECONOMICS | Regulatory compliance | Fiscal policy | Analysis
Journal Article
2012, ISBN 9781107004849, ix, 296
"The global financial crisis of 2008 has given way to a proliferation of international agreements aimed at strengthening the prudential oversight and... 
Global Financial Crisis, 2008-2009 | Soft law | Law and legislation | International finance
Book
Journal of Monetary Economics, ISSN 0304-3932, 2007, Volume 54, Issue 6, pp. 1702 - 1725
Welfare-maximizing monetary- and fiscal-policy rules are studied in a model with sticky prices, money, and distortionary taxation. The Ramsey-optimal policy is... 
Policy evaluation | Optimal policy | Nominal rigidities | optimal policy | BUSINESS, FINANCE | POLICY | policy evaluation | INVESTMENT | TIME | ECONOMICS | nominal rigidities
Journal Article
Applied economics letters, ISSN 1350-4851, 02/2017, Volume 24, Issue 3, pp. 154 - 158
This article empirically assesses determinants of countries' fiscal rules suggested by the political science, sociology and economics literature. We find... 
Economics | Fiscal policy | Budget deficits | Political science | Sociology | Rules
Journal Article
International Review of Law & Economics, ISSN 0144-8188, 06/2019, Volume 58, pp. 34 - 42
•Strict legal application of fiscal deficit rules may curtail structural reforms, as reforms can go against fiscal consolidation in the short run.•If reforms... 
LAW | PRODUCT MARKET REFORMS | STABILITY | GROWTH | ECONOMICS | DEBT | LABOR
Journal Article
03/2019, ISBN 9781498302876, 27
This paper estimates the causal effect of fiscal rules on fiscal balances in a panel of 142 countries over the period 1985-2015. Our instrumental variable... 
Book
Economic Modelling, ISSN 0264-9993, 01/2017, Volume 60, pp. 334 - 343
This paper estimates the effects of fiscal institutions on fiscal policy outcomes, addressing issues related to measurement and endogeneity in a novel way.... 
Fiscal rules | Fiscal balances | Volatility | Interest rates | POLICY | INSTITUTIONS | DISCRETION | ECONOMICS | DEFICITS | POLITICAL BUDGET CYCLES | Fiscal policy | Central banks
Journal Article
Journal of European Public Policy, ISSN 1350-1763, 06/2017, Volume 24, Issue 6, pp. 852 - 870
Over the last 25 years, fiscal rules (FRs) have been proliferating in Europe bringing in-depth change to the architecture of fiscal institutions. This paper... 
fiscal rules | political economy | diffusion | government deficits | fiscal stabilization | Coercion | GMM | POLITICAL SCIENCE | PUBLIC ADMINISTRATION | DEFICITS | Public debt | Architecture | Diplomacy | Reforms | Foreign debt | Sovereign debt | Attrition
Journal Article
Economics Letters, ISSN 0165-1765, 09/2018, Volume 170, pp. 159 - 162
We assess the effect of fiscal rules on a new time-varying measure of fiscal counter-cyclicality computed for 60 countries over the period 1980–2014. First, we... 
Government size | Filtering | Fiscal stabilization | Weighted least squares | Fiscal rules | Time-varying coefficients | BUSINESS-CYCLE | POLICY | LINK | ECONOMICS | Business schools
Journal Article
European Journal of Political Economy, ISSN 0176-2680, 03/2019, Volume 57, pp. 142 - 157
Rules-based fiscal policy is under threat. Over the last two decades, it proved frustratingly complicated to strike the right balance between three essential... 
Fiscal policy | Independent fiscal councils | Euro area | Fiscal policy rules | NATURAL RATE | DISCRETION | POLITICAL SCIENCE | MONETARY-POLICY | ECONOMICS | PUBLIC DEBT | Policy making | Economic models | Partisanship | Public support | Councils | Property rights | Quantitative analysis | Samhällsvetenskap | Economics | Economics and Business | Social Sciences | Nationalekonomi | Ekonomi och näringsliv
Journal Article