Vlaicu, Razvan; Verhoeven, Marijn; Grigoli, Francesco; … - In: Journal of Public Economics 111 (2014) C, pp. 79-95
In the last two decades more than 120 countries have adopted a multiyear budget process (Medium-Term Framework, or MTF) that enables the central government to set multiyear fiscal targets. This paper analyzes a newly-collected dataset of worldwide MTF adoptions during 1990–2008. It exploits...
