Do Fiscal Rules Cause Fiscal Discipline Over the Electoral Cycle? /
This paper estimates the causal effect of fiscal rules on political budget cycles in a sample of 67 developing countries over the period 1985-2007. We exploit the geographical pattern in the adoption of fiscal rules to isolate an exogenous source of variation in the adoption of national fiscal rules...
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Format: | Žurnal |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2019.
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Serija: | IMF Working Papers; Working Paper ;
No. 2019/291 |
Online pristup: | Full text available on IMF |