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Are (Fiscal) Rules Made to Be Broken? The Law and Economics Analysis of the Numerical Fiscal Constraints
Kantorowicz, Jaroslaw - 2014
By constraining political incentives and discretion, the numerical fiscal rules are among the main institutional (legal) instruments to ensure fiscal discipline. As stated in this paper, in order to be effective, the numerical fiscal rules need to inflict sufficiently high costs for their...
Persistent link: https://www.econbiz.de/10013056701
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Fiscal constitutions : the fundamental drivers оf intergovernmental fiscal policy
Blöchliger, Hansjörg; Kantorowicz, Jaroslaw - In: Institutions оf intergovernmental fiscal relations : …, (pp. 53-80). 2015
Persistent link: https://www.econbiz.de/10011455482
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The coherence of the EU's fiscal constitution : an empirical assessment
Blöchliger, Hansjörg; Kantorowicz, Jaroslaw - In: Politica economica, journal of economic policy 32 (2016) 3, pp. 441-461
Persistent link: https://www.econbiz.de/10011659682