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This note provides guidance on how to calibrate fiscal rules, that is, how to determine the...

The first two decades of the twenty-first century have witnessed an influx of innovations and...

This paper assesses the performance of Peru's alternative fiscal rules in supporting medium-term...

This paper assesses the impact of different types of flexible fiscal rules on the procyclicality...

Do fiscal rules likely lead to fiscal adjustment, or do they encourage the use of 'creative...

What are fiscal policy rules? What are the principal benefits and drawbacks associated with...