How to Calibrate Fiscal Rules : A Primer /

This note provides guidance on how to calibrate fiscal rules, that is, how to determine the thresholds (ceiling, floor, or target) for specific fiscal aggregates constrained by rules. The note focuses, more specifically, on the calibration of the debt, balance, and expenditure rules. The note is div...

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Bibliographic Details
Main Author: Eyraud, Luc
Other Authors: Baum, Anja, Hodge, Andrew, Jarmuzek, Mariusz
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF How To Notes; How-To Note ; No. 2018/002
Online Access:Full text available on IMF