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- W2528837561 abstract "The paper investigates the fiscal effects of Swiss cantonal debt brakes by taking explicitly into account the rules’ coverage. An in-depth analysis provides unique evidence that suggests the following: First, fiscal rules at the cantonal level have a negative effect on public deficits, which is stronger the better the analyzed budget position corresponds with the variable targeted by the rules. Second, cantonal debt brakes are rather not associated with substantial evasive measures. Third, cantonal fiscal rules tend to mitigate political budget cycles and shock-related deficits." @default.
- W2528837561 created "2016-10-14" @default.
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- W2528837561 date "2016-01-01" @default.
- W2528837561 modified "2023-09-27" @default.
- W2528837561 title "Effects of Fiscal Rules - 85 Years' Experience in Switzerland" @default.
- W2528837561 hasPublicationYear "2016" @default.
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