Do Fiscal Rules Cause Better Fiscal Balances? : A New Instrumental Variable Strategy /

This paper estimates the causal effect of fiscal rules on fiscal balances in a panel of 142 countries over the period 1985-2015. Our instrumental variable strategy exploits the geographical diffusion of fiscal rules across countries. The intuition is that reforms in neighboring countries may affect...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Caselli, Francesca
अन्य लेखक: Reynaud, Julien
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/049
विषय:
ऑनलाइन पहुंच:Full text available on IMF