Policy Instruments for Sound Fiscal Policies [electronic resource] : Fiscal Rules and Institutions /
Ayuso-i-Casals, Joaquim.editor.
Deroose, Servaas.editor.
Flores, Elena.editor.
Moulin, Laurent.editor.
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Contributors are leading experts.
Includes bibliograpical references and index.
Machine generated contents note: List of Tables * List of Figures * Foreword * Acknowledgements * List of Contributors * Introduction--J.Ayuso-i-Casals, S.Deroose, E.Flores& L.Moulin * PART I: FISCAL RULES AND INSTITUTIONS AS USEFUL DEVICES TO ADDRESS THE DEFICIT BIAS * Dealing With the Deficit Bias: Principles and Policies--S.Krogstrup& C.Wyplosz * The Discipline-enhancing Role of Fiscal Institutions: Theory and Empirical Evidence--X.Debrun &--M.S.Kumar * The Surplus Factor--T.Broesens &--P.Wierts * Comments on Part I--C.Martinez Mongay * PART II: FORMS OF GOVERNANCE, RULES AND INSTITUTIONS * The Design of Fiscal Rules and Forms of Governance in European Union Countries--M.Hallerberg, R.Strauch &--J.von Hagen * National Fiscal Institutions and the Stability and Growth Pact: Are 'Delegation States' at a Disadvantage?--D.Hodson * Comments on Part II--C.Wyplosz * PART III: SPECIFIC INSTITUTIONAL ARRANGEMENTS TO IMPROVE FISCAL POLICY * Rainy Day Funds: Can They Make a Difference in Europe?--F.Balassone, D.Franco & S.Zotteri * Beyond the SGP: Features and Effects of EU National-level Fiscal Rules--J.Ayuso-i-Casals, D.Gonzlez, L.Moulin & A.Turrini * Who Provides Signals to Voters About Government Competence on Fiscal Matters? The importance of independent watchdogs--E.Stclebout-Orseau& M.Hallerberg * Optimal Debt Policy and an Institutional Proposal to Help in its Implementation;T.Kirsanova, C.Leith & S.Wren-Lewis * Comments on Part III--T.Ter-Minassian * PART IV: COUNTRY SPECIFIC EXPERIENCES * The Swedish Budget 'Model': A Genuine Beauty or in Need of a Face Lift?--R.Boije& J.Fisher * Fiscal Councils, Independent Forecasts and the Budgetary Process: Lessons from the Belgian Case--I.Lebrun * Comments on Part IV--L.Jonung * Notes * Bibliography * Index List of Tables * List of Figures * Foreword * Acknowledgements * List of Contributors * Introduction--J.Ayuso-i-Casals, S.Deroose, E.Flores& L.Moulin * PART I: FISCAL RULES AND INSTITUTIONS AS USEFUL DEVICES TO ADDRESS THE DEFICIT BIAS * Dealing With the Deficit Bias: Principles and Policies--S.Krogstrup& C.Wyplosz * The Discipline-enhancing Role of Fiscal Institutions: Theory and Empirical Evidence--X.Debrun &--M.S.Kumar * The Surplus Factor--T.Broesens &--P.Wierts * Comments on Part I--C.Martinez Mongay * PART II: FORMS OF GOVERNANCE, RULES AND INSTITUTIONS * The Design of Fiscal Rules and Forms of Governance in European Union Countries--M.Hallerberg, R.Strauch &--J.von Hagen * National Fiscal Institutions and the Stability and Growth Pact: Are 'Delegation States' at a Disadvantage?--D.Hodson * Comments on Part II--C.Wyplosz * PART III: SPECIFIC INSTITUTIONAL ARRANGEMENTS TO IMPROVE FISCAL POLICY * Rainy Day Funds: Can They Make a Difference in Europe?--F.Balassone, D.Franco & S.Zotteri * Beyond the SGP: Features and Effects of EU National-level Fiscal Rules--J.Ayuso-i-Casals, D.Gonzlez, L.Moulin & A.Turrini * Who Provides Signals to Voters About Government Competence on Fiscal Matters? The importance of independent watchdogs--E.Stclebout-Orseau& M.Hallerberg * Optimal Debt Policy and an Institutional Proposal to Help in its Implementation;T.Kirsanova, C.Leith & S.Wren-Lewis * Comments on Part III--T.Ter-Minassian * PART IV: COUNTRY SPECIFIC EXPERIENCES * The Swedish Budget 'Model': A Genuine Beauty or in Need of a Face Lift?--R.Boije& J.Fisher * Fiscal Councils, Independent Forecasts and the Budgetary Process: Lessons from the Belgian Case--I.Lebrun * Comments on Part IV--L.Jonung * Notes * Bibliography * Index .
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Contributors are leading experts.
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