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Do fiscal rules matter for growth?

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Resumo(s)

We study the relevance of fiscal rules for growth in an European Union (EU) panel. Our results show that they foster growth, while stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have gained from the implementation of fiscal rules.

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Fiscal Rules Growth Government Size Panel Data

Contexto Educativo

Citação

Afonso, António and João Tovar Jalles. (2013). "Do fiscal rules matter for growth?". Applied Economics Letters, Vol. 20, No.1 : pp. 34-40.

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