A New Rule : The Swiss Debt Brake

The Swiss Debt Brake

A New Rule : The Swiss Debt Brake
The paper provides an international comparison and a comprehensive analysis of a new fiscal expenditure rule for the federal government in Switzerland. The proposed rule has two innovative features: it aims at a structurally balanced budget in the short-run by annually setting a cyclically adjusted expenditure ceiling, and it arrests the... READ MORE...

Publication date: February 2002
ISBN 9781451843651
$15.00

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