Rules-Based Fiscal Policy in France, Germany, Italy, and Spain /

Fiscal rules can help to counteract the deficits and spending biases that too often originate in the political process. Rules that constrain spending--rather than the balance--allow fiscal policy to be countercyclical. Yet the design of effective spending rules is by no means straightforward. Should...

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Dettagli Bibliografici
Autore principale: Daban Sanchez, Teresa
Altri autori: Detragiache, Enrica, Milesi-Ferretti, Gian, Symansky, Steven
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2003.
Serie:Occasional Papers; Occasional Paper ; No. 2003/009
Accesso online:Full text available on IMF