’ higher trust in governments. In general, political economy variables and the existence of fiscal rules do not seem to …

In this paper, we examine the impact of different types of institutions including fiscal rules to the conventional … institutional framework on FDI in 24 developing countries from 1996 to 2018. No study to date explores the role of fiscal rules on … negative effect of expenditure rules on FDI, indicating that such fiscal rules act as a signal of fiscal indiscipline. We also …

both political and technical reasons. In our view, Europe needs fiscal rules to ensure the sustainability of public …

Community (CEMAC) countries. On the contrary, we want to investigate the impact of fiscal rules on fiscal space to see if the … implementation of fiscal rules enhances fiscal space in the region. The findings show evidence of fiscal fatigue for the Republic of … behavior. For our second objective, while analyzing the determinants of fiscal space we found that the two fiscal rules (the …

This paper investigates how numerical fiscal rules affect government investment in the EU and disentangles their effect … over the business cycle. Public investment seems to be generally susceptible to cutbacks during recessions. Fiscal rules … demonstrate heterogeneous effects, depending on their design and on the state of the economy. Specifically, rigid fiscal rules …