EconPapers    
Economics at your fingertips  
 

INDEPENDENT FISCAL AGENCIES

Xavier Debrun, David Hauner and Manmohan S. Kumar

Journal of Economic Surveys, 2009, vol. 23, issue 1, 44-81

Abstract: Abstract There has been a considerable literature regarding the incentives of policymakers as a prime reason for persistent fiscal deficits and a variety of fiscal rules have been proposed as a remedy. However, the often inadequate flexibility of rules and the success of policy delegation in the monetary realm have motivated a small but growing number of studies that suggest delegating some aspects of fiscal policy to what will here be called ‘independent fiscal agencies’. This paper surveys the related literature with a focus on three aspects: the motivation for the establishment of such agencies; their potential design; and the experience with these types of institutions.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (91)

Downloads: (external link)
https://doi.org/10.1111/j.1467-6419.2008.00556.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jecsur:v:23:y:2009:i:1:p:44-81

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0950-0804

Access Statistics for this article

More articles in Journal of Economic Surveys from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery (contentdelivery@wiley.com).

 
Page updated 2024-12-28
Handle: RePEc:bla:jecsur:v:23:y:2009:i:1:p:44-81