Fiscal Rules at a Glance: Country Details from a New Dataset

By N. Budina, Tidiane Kinda, Andrea Schaechter, A. Weber. Social Science Research Network, 2012

183 citations recorded by the source corpus.

This paper provides country-specific information on fiscal rules in use in 81 countries from 1985 to end-September 2012. It serves as background material and update of the July 2012 Working Paper Fiscal Rules in Response to the Crisis-Toward the 'Next Generation' Rules: A New Dataset and is also available in an easy accessible electronic data visualization tool. The dataset covers four types of rules: budget balance rules, debt rules, expenditure rules, and revenue rules, applying to the central or general government or the public sector. It also presents details on various characteristics of rules, such as their legal basis, coverage, escape clauses, as well as key supporting features such as independent monitoring bodies.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/f3ca63242ad6e5711a6a45725ddc88caa7f5460a

Citations in the corpus

• Fiscal Rules and the Sovereign Default Premium (2022, unknown): “While we focus on fiscal rules, the tools countries are using to deal with sovereign debt problems (Budina et al., 2012; IMF, 2009; Schaechter et al., 2012), Chatterjee and Eyigungor (2013) and Hatchondo et al. (2014a) discuss the effects of modifying sovereign debt contracts. Chatterjee and Eyigung”
• Sharing a Ride on the Commodities Roller Coaster: Common Factors in Business Cycles of Emerging Economies (2015, unknown): “TBt = p Co t Co+ p h t C h∗ t − C f t −X f t (13)”