This paper analyses the compliance patterns of the European fiscal rules of the public debt and budget deficit in a … pandemic, as well as better compliance in the respective fiscal rules. Nevertheless, it is recommended a moderate reform of the … European fiscal rules by the time of its predicted return in the beginning of 2024. The budget deficit rule should be …

This paper aims to assess the impact of the second-generation numerical fiscal rules on the effectiveness of public … level of public debt servicing costs, considering not only the impact of the quality of numerical fiscal rules on interest … second-generation numerical fiscal rules following the changes made to their design in the context of the reconstruction of …

Fiscal rules are controversial. They mitigate politicians' flexibility in responding to shocks and pursuing … fast growing empirical literature in public economics that examines the economic consequences of fiscal rules. The survey … encompasses the literature on fiscal rules at the national, sub-national and local level. The results show that fiscal rules …

important inputs for fiscal forecasts, and they are particularly relevant in the context of European Union (EU) fiscal rules, as …

. At the same time, they may impair fiscal transparency and offer politicians discretion in the presence of strict fiscal … rules if these only constrain the core udget. Using a comprehensive micro-data set of German SOEs, this paper studies a …

Does budget transparency effectively limit the use of creative accounting to circumvent fiscal rules? Through examining …