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• W2036908220 startingPage "44" @default.
• W2036908220 abstract "Abstract There has been a considerable literature regarding the incentives of policymakers as a prime reason for persistent fiscal deficits and a variety of fiscal rules have been proposed as a remedy. However, the often inadequate flexibility of rules and the success of policy delegation in the monetary realm have motivated a small but growing number of studies that suggest delegating some aspects of fiscal policy to what will here be called ‘independent fiscal agencies’. This paper surveys the related literature with a focus on three aspects: the motivation for the establishment of such agencies; their potential design; and the experience with these types of institutions." @default.
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• W2036908220 date "2009-01-12" @default.
• W2036908220 modified "2023-10-10" @default.
• W2036908220 title "INDEPENDENT FISCAL AGENCIES" @default.
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• W2036908220 doi "https://doi.org/10.1111/j.1467-6419.2008.00556.x" @default.
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