Fiscal Rules: Anchors of Stability

Niklas Potrafke and Christoph Schaltegger

The Economists' Voice, 2022, vol. 19, issue 1, 59-62

Abstract: We believe that fiscal rules help to consolidate budgets in the post-Corona period. Fiscal rules reduce fiscal deficits and debt-to-GDP ratios, promote economic growth, mitigate room for fiscal manipulation and encourage politicians to prioritize individual policies.

Keywords: fiscal rules; fiscal consolidation; post-Corona period (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1515/ev-2021-0010

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