Creel, Jérôme; Farvaque, Étienne - 2009
’golden rule of public finance’ has been advocated for
the EU (e.g., by Fitoussi and Creel, 2002, or by Blanchard and Giavazzi …
be fully financed by debt. UK authorities are therefore provided with
a countercyclical short run fiscal policy and with … verify if these results hold
when the incumbent is confronted with fiscal policy rules. We notably
aim to check if the …