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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Detalhes bibliográficos
Autor principal: Debrun, Xavier
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
Colecção:IMF Working Papers; Working Paper ; No. 2011/173
Acesso em linha:Full text available on IMF