The Behaviour of Fiscal Authorities

Stabilisation, Growth and Institutions

By: Jurgen von Hagen, M. Buti (Editor), J. von Hagen (Editor), C. Martinez Mongay (Editor)

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Hardcover | 20 April 2016 | Edition Number 1

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Hardcover
320 Pages

Dimensions(cm)
22.23 x 13.97 x 1.91

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The behaviour of fiscal authorities and its interplay with budgetary institutions is a recent and increasingly important area of economic research, heightened by the move to single currency in Europe. This volume provides a systematic analysis of issues including the determinants of fiscal retrenchment strategies, the role of numerical and procedural rules, the composition of the adjustment, the (dis)similarity of fiscal behaviour across countries, the interactions between fiscal and monetary authorities, and the long run factors shaping fiscal behaviour and sustainability. Authors include leading academic economists, who have contributed to shape the research in these matters, and policy makers (from the ECB, European Commission, IMF, OECD) who provide an institutionally-relevant angle to the analysis.

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How do Fiscal Authorities Behave?
Strategies of Budgetary Consolidation in the 1990s
Entry and Exit Dynamics from Excessive Deficits
Convergence of Fiscal Policies in the Euro Area
Fiscal policy and the size of governments
Budgetary Institutions for Sustainable Public Finances
Fiscal Policy for Stabilisation and Growth
How to allow the automatic stabilisers to operate fully? A policy maker's guide for EMU countries
Automatic Stabilisers in the 1990s and Beyond
Fiscal Policy in the European Monetary Union: the Stabilisation Aspects
Gauging Ricardian Effects
Impact of Large Public Debt on Growth: a Discussion of Potential Channels
Monetary and Fiscal Policy Interactions in Emu
Debt, Deficits and the Behaviour of Monetary and Fiscal Authorities
Interactions between Monetary and Fiscal Policy under a Stability Pact
Central Bank Independence, Political Uncertainty and the Assignment of Instruments to Targets
How do Fiscal Authorities Behave?
Strategies of Budgetary Consolidation in the 1990s
Entry and Exit Dynamics from Excessive Deficits
Convergence of Fiscal Policies in the Euro Area
Fiscal policy and the size of governments
Budgetary Institutions for Sustainable Public Finances
Fiscal Policy for Stabilisation and Growth
How to allow the automatic stabilisers to operate fully? A policy maker's guide for EMU countries
Automatic Stabilisers in the 1990s and Beyond
Fiscal Policy in the European Monetary Union: the Stabilisation Aspects
Gauging Ricardian Effects
Impact of Large Public Debt on Growth: a Discussion of Potential Channels
Monetary and Fiscal Policy Interactions in Emu
Debt, Deficits and the Behaviour of Monetary and Fiscal Authorities
Interactions between Monetary and Fiscal Policy under a Stability Pact
Central Bank Independence, Political Uncertainty and the Assignment of Instruments to Targets
Table of Contents provided by Publisher. All Rights Reserved.

The Behaviour of Fiscal Authorities

Stabilisation, Growth and Institutions

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

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