Verfügbarkeit: Fiscal Rules and the Budget Process

Fiscal Rules and the Budget Process:

This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a "fiscal deficit bias" and the empirical evidence on the economic, political and institutional factors leading to this bias....

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1. Verfasser:	Milesi-Ferretti, Gian-Maria (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1996
Schriftenreihe:	IMF Working Papers Working Paper No. 96/60
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a "fiscal deficit bias" and the empirical evidence on the economic, political and institutional factors leading to this bias. In the context of these findings, it discusses the potential role of legal constraints on the level of key fiscal variables, and of reforms in budgetary procedures in enhancing fiscal discipline. It also evaluates proposals for budgetary reform in Italy
Beschreibung:	1 Online-Ressource (39 p)
ISBN:	1451848005 9781451848007

Internformat

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spelling	Milesi-Ferretti, Gian-Maria Verfasser aut Fiscal Rules and the Budget Process Milesi-Ferretti, Gian-Maria Washington, D.C International Monetary Fund 1996 1 Online-Ressource (39 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/60 This paper examines the rationale for the imposition of fiscal rules as a way to reduce budgetary imbalances. It presents theoretical arguments for the existence of a "fiscal deficit bias" and the empirical evidence on the economic, political and institutional factors leading to this bias. In the context of these findings, it discusses the potential role of legal constraints on the level of key fiscal variables, and of reforms in budgetary procedures in enhancing fiscal discipline. It also evaluates proposals for budgetary reform in Italy Online-Ausg http://elibrary.imf.org/view/IMF001/02537-9781451848007/02537-9781451848007/02537-9781451848007.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Milesi-Ferretti, Gian-Maria Fiscal Rules and the Budget Process
title	Fiscal Rules and the Budget Process
title_auth	Fiscal Rules and the Budget Process
title_exact_search	Fiscal Rules and the Budget Process
title_exact_search_txtP	Fiscal Rules and the Budget Process
title_full	Fiscal Rules and the Budget Process Milesi-Ferretti, Gian-Maria
title_fullStr	Fiscal Rules and the Budget Process Milesi-Ferretti, Gian-Maria
title_full_unstemmed	Fiscal Rules and the Budget Process Milesi-Ferretti, Gian-Maria
title_short	Fiscal Rules and the Budget Process
title_sort	fiscal rules and the budget process
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