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Budget Rules and Fiscal Policy: Ten Lessons from Theory and Evidence

机译:预算规则和财政政策:理论和证据的十个教训

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摘要

There has been considerable research and discussion over the years about the potential role of fiscal rules in supporting better economic outcomes; the design, implementation and enforcement, of such rules; and the prospects for alternative fiscal and political institutions to promote the objectives to which fiscal rules are typically targeted. This paper provides an overview of some of the findings that this research and unfolding events have brought forward, organized in the form of ten lessons that can be learned from accumulating theory and evidence.
机译:多年来,人们对财政规则在支持更好的经济成果方面的潜在作用进行了大量研究和讨论;这些规则的设计,实施和执行;以及其他财政和政治机构促进实现通常以财政规则为目标的目标的前景。本文概述了这项研究和正在进行的活动所提出的一些发现,以十课的形式组织起来,可以从积累的理论和证据中学到。

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