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...

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Bibliografski detalji
Glavni autor: Debrun, Xavier
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2011.
Serija:IMF Working Papers; Working Paper ; No. 2011/173
Online pristup:Full text available on IMF