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It is widely agreed that a fiscal rule should boost discipline and credibility, reduce...

With a modest recovery in the global economy underway, and amid rising concerns about the sharp...

This paper discusses how to enhance automatic stabilizers without increasing the size of...

References to policy credibility, particularly with regard to fiscal policy, are ubiquitous in...

Emerging market financial crises during the late 1990s were marked by sudden withdrawals of funds...

The net worth approach to fiscal analysis is cast in a simple model able to capture the dynamics...