Fiscal Councils : Rationale and Effectiveness /

The paper discusses the effectiveness of independent fiscal institutions-or fiscal councils-in taming the deficit bias that emerged in the 1970s. After a review of the main theoretical arguments and recent trends about fiscal councils, we develop a stylized model showing how a fiscal council can eff...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Beetsma, Roel
अन्य लेखक: Debrun, Xavier
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2016.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2016/086
ऑनलाइन पहुंच:Full text available on IMF