Fiscal Rules and the Budget Process /
This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a 'fiscal deficit bias' and the empirical evidence on the economic, political and institutional factors leading to this bias....
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| coleção: | IMF Working Papers; Working Paper ;
No. 1996/060 |
| Acesso em linha: | Full text available on IMF |