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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Caselli, Francesca
Övriga upphovsmän: Wingender, Philippe
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2018.
Serie:IMF Working Papers; Working Paper ; No. 2018/182
Länkar:Full text available on IMF