Marneffe, Wim; Aarle, Bas Van; Wielen, Wouter Van Der; … - CESifo - 2010
governments. We provide empirical estimates of the effect of fiscal rules on fiscal balance, government spending and government …This paper presents a review of the most significant fiscal rules policymakers can choose from. The insights from this … addition to the SGP, European countries are implementing various other fiscal rules that bind central, regional and local …