At odds with the large literature devoted to the fiscal discipline effects of fiscal rules, only few
contributions investigate their impact on public spending. Estimations based on the entropy …

We study a fiscal policy model in which the government is present‐biased towards public
spending. Society chooses a fiscal rule to trade off the benefit of committing the government …

Este documento analiza los procesos de implementación de las reglas fiscales resilientes
en América Latina. Los estudios incluyen una tipología, incluyendo sus ventajas y …

The current European fiscal framework is highly complex. The multitude of fiscal rules and
the discretion in their enforcement precludes an effective oversight and weakens the …

Es gibt öffentlichen Investitionsbedarf in Deutschland, zum Beispiel zur Bewältigung des
Strukturwandels, im Rahmen der Klimapolitik oder mit Blick auf die öffentliche Infrastruktur …

Fiscal rules have been on the rise worldwide since the 1990s, highlighting the urgent need
for sound public finance. Since the turn of the century, furthermore, the issue of government …

Las medidas fiscales expansivas adoptadas para atenuar los impactos de la pandemia de
enfermedad por coronavirus (COVID-19) forzaron a los países que contaban con una regla …

Fiscal rules are important commitment devices to limit fiscal profligacy. They have been an
integral part of the euro area architecture and were introduced to insure against weaknesses …

One proven strategy for avoiding the resource curse and taking full advantage of natural
resource wealth for governments in low-and middle-income countries is to prioritize …

The Ambiguous Consensus on Fiscal Rules Page 1 maxpo discussion paper The Ambiguous
Consensus on Fiscal Rules How Ideational Ambiguity Has Facilitated Social Democratic …