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Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the...

Fiscal rules can help to counteract the deficits and spending biases that too often originate in...

This paper shows that stabilizing volatility in credit growth often conflicts with price...

This Selected Issues paper on the United Kingdom describes the issues related to the choice...

Fiscal rules are being increasingly used by both emerging and developed economies. This paper...

Structural budget-balance rules with countercyclical elements appear well suited to stabilize the...