Fiscal Behaviour in the European Union: Rules, Fiscal Decentralization and Government Indebtedness
By Candida Ferreira. Social Science Research Network, 2009
133 citations recorded by the source corpus.
We assess the fiscal behaviour in the European Union countries for the period 1990- 2005 via the responsiveness of budget balances to several determinants. The results show that the existence of effective fiscal rules, the degree of public spending decentralization, and the electoral cycle can impinge on the country’s fiscal position. Furthermore, the results also support the responsiveness of primary balances to government indebtedness. Key words: fiscal regimes, fiscal rules, fiscal decentralization, European Union, panel data
Subfields: Economics and Econometrics, Political Science and International Relations
View Paper: https://www.semanticscholar.org/paper/5d008d8d20ca60d06731c5c06b1341c5c54327b5
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In Economics and Econometrics
- Michael Bergman
- Government Efficienc.
- Hougaard Jensen
- U. Bergman
- S. Jensen
- Michael M. Hutchison
- Ilan Noy
Citations in the corpus
- Promoting sustainable public finances in the European Union: The role of fiscal rules and government efficiency (2016, background): “…research finds evidence that sustainable public finances in Europe may be associated with strong fiscal rules (see, for example, Debrun et al. 2008; Afonso and Hauptmeier, 2009; Dahan and Strawczynski, 2010; Foremny, 2014; HolmHadulla, Hauptmeier and Rother, 2012; Nerlich and Reuter, 2013).”
- Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-Cyclical? (2014, unknown): “A general finding is that a rise in government debt leads to an improvement in primary government balances (Lee and Sung, 2007; Afonso and Hauptmeier, 2009).”