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Fiscal Rules and the Compliance debate: Why do Countries adopt Rules and fail to comply?

Author

Listed:
  • Mark J. Ellyne
  • Martin W. Nandelenga

Abstract

We study the compliance with fiscal rules via various national numeric rules. Based on 20 sub-Sahara African countries with 57 fiscal rules in force from 1997 to 2016, our analysis identifies determinants among the rule specific characteristics, as well as their macroeconomic and political environments. To meet the objectives of our study, we employ a […]

Suggested Citation

  • Mark J. Ellyne & Martin W. Nandelenga, 2020. "Fiscal Rules and the Compliance debate: Why do Countries adopt Rules and fail to comply?," Working Papers 815, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:815
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_815.pdf
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    Cited by:

    1. Kea BARET, 2021. "Fiscal rules’ compliance and Social Welfare," Working Papers of BETA 2021-38, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

    More about this item

    Keywords

    central bank; institutions; Other Macroeconomic Variables;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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