Bunching at 3 Percent : The Maastricht Fiscal Criterion and Government Deficits /

This paper estimates the effects of the Maastricht treaty's fiscal criterion on EU countries' general government deficits. We combine treatment effects methods with bunching estimation, and find that the 3 percent deficit rule acts as a 'magnet', increasing the number of observat...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Caselli, Francesca
Weitere Verfasser: Wingender, Philippe
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/182
Online Zugang:Full text available on IMF