Democratic Accountability, Deficit Bias, and Independent Fiscal Agencies /
Despite growing interest among policymakers, there is no theory of independent fiscal institutions. The emerging literature on "fiscal councils" typically makes informal parallels with the theory of central bank independence, but a very simple formal example shows that such a shortcut is f...
Autor principal: | |
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2011.
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Colección: | IMF Working Papers; Working Paper ;
No. 2011/173 |
Acceso en línea: | Full text available on IMF |