Drazen, Allan (contributor) - 2002 - [Elektronische Ressource]
fiscal rules find ways
to get around them. (See, for example, the discussion in Kopits [2001].) In the latter case, it is … build its
reputation.
The plan of this paper is as follows. In the next section I summarize the rationale for
fiscal … procedure rules. In section 5 I discuss the “alternative” of reputation for fiscal
discipline and argue that adoption of a …