Structural Breaks in Fiscal Performance : Did Fiscal Responsibility Laws Have Anything to Do with Them? »
Series: IMF Working Papers
Author(s): Leandro Medina , Carlos Caceres , and Ana Corbacho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2010
Keywords: Fiscal Responsibility Laws, Fiscal Institutions, fiscal balance, fiscal balances, primary fiscal balance, Econometric Modeling: General, Studies of Particular Policy Episodes, National Budget, Deficit, and Debt: General,
In recent years, many countries have adopted Fiscal Responsibility Laws to strengthen fiscal institutions and promote fiscal discipline in a credible, predictable and transparent manner. Still, results on the effec...