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Determinants of fiscal rules

This paper empirically assesses determinants of countries' fiscal rules suggested by the political
science, sociology, and economics literature. We find several of these variables to be related to
the stringency of fiscal rules, providing indirect evidence for the relevance of governments' deficit
bias. These determinants may also serve as instruments in models with (endogenous) fiscal rules
as explanatory variable.

Identiferoai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:5478
Date January 2017
CreatorsBadinger, Harald, Reuter, Wolf Heinrich
PublisherTaylor & Francis
Source SetsWirtschaftsuniversität Wien
LanguageEnglish
Detected LanguageEnglish
TypeArticle, PeerReviewed
Formatapplication/pdf
Relationhttp://dx.doi.org/10.1080/13504851.2016.1173171, http://www.tandfonline.com/, http://authorservices.taylorandfrancis.com/, http://epub.wu.ac.at/5478/

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