The Macroeconomic Effects of Fiscal Rules in the US States

By Antonio Fatás, I. Mihov. 2006

327 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ccc5598dda68a5b55805bbb568cbfe08f6930189

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In Economics and Econometrics

Citations in the corpus

Targeting the Structural Balance (2007, unknown): “…present evidence that support the presumption that budgetary restrictions are associated with lower expenditure volatility, which they interpret as a measure of discretion, and that this effect dominates the inhibiting effect on the ability to stabilize output fluctuations (Fatàs and Mihov, 2006).”
The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research (2010, unknown): “20 More recent contributions for the United States are Antonio Fatás and Ilian Mihov (2006) and Fabio Canova and Pappa (2006).”
Flexible Fiscal Rules and Countercyclical Fiscal Policy (2016, background): “Empirical studies have generally found fiscal rules to be discipline-enhancing (Alesina and Bayoumi, 1996; Bohn and Inman, 1996; Brzozowski and Gorzelak, 2010; Debrun and others, 2008; Fatas and Mihov, 2006; de Haan and others, 1999; Hallerberg and von Hagen, 1997; Manasse, 2006; Perotti and Kontopo”
The costs and benefits of balanced budget rules: Lessons from a political economy model of fiscal policy (2016, background): “…negative revenue shocks than those without.4 Researchers have also explored how the stringency of BBRs impacts business cycle fluctuations at the state level, some arguing that greater stringency exacerbates volatility (Levinson (1998)) and others arguing just the opposite (Fatas and Mihov (2006)).”
Fiscal policy responsiveness, persistence, and discretion (2010, unknown): “Fatás and Mihov (2003, 2006) analyze the determinants of ﬁscal policy discretion and its impacts on the macroeconomic environment.”
Government Size, Composition, Volatility and Economic Growth (2008, unknown): “In contrast, Fatás and Mihov (2006) illustrate that although the two effects are statistically signi ﬁ cant, the ﬁ rst effect predominates.”