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Tying hands is not commitment: can fiscal rules and institutions really enhance fiscal discipline?

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Author Info

  • Xavier Debrun

Abstract

Visiting Bruegel Scholar, Xavier Debrun, discusses the role of fiscal institutions, including budget rules and non-partisan agencies, in enhancing fiscal discipline.

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Bibliographic Info

Paper provided by Bruegel in its series Working Papers with number 48.

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Date of creation: Dec 2006
Date of revision:
Handle: RePEc:bre:wpaper:48

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Cited by:
  1. Panagiotis Chronis & Aspassia Strantzalou, 2008. "Monetary and Fiscal Policy Interaction: What is the Role of the Transaction Cost of the Tax System in Stabilisation Policies?," Working Papers 71, Bank of Greece.
  2. Melecky, Ales & Skutova, Marketa, 2011. "Fiskální pravidla v zemích Visegrádské čtyřky
    [Fiscal Rules in the Visegrad Countries]
    ," MPRA Paper 34028, University Library of Munich, Germany.
  3. Anna Iara & Guntram B. Wolff, 2011. "Rules and risk in the euro area," Working Papers 615, Bruegel.
  4. Pessoa, Argentino, 2011. "The Euro Area sovereign debt crisis: Some implications of its systemic dimension," MPRA Paper 35328, University Library of Munich, Germany.
  5. Ebert, Werner & Eckardt, Martina, 2011. "Wirtschafts- und finanzpolitische Koordinierung in der EU – Erfahrungen aus einem Jahrzehnt Politikkoordinierung
    [Public policy coordination in the EU - experiences from one decade of policy coor
    ," MPRA Paper 29281, University Library of Munich, Germany.

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