Do fiscal rules matter for growth?

Antonio Afonso and Joao Jalles

Applied Economics Letters, 2013, vol. 20, issue 1, 34-40

Abstract: We study the relevance of fiscal rules for growth in an European Union (EU) panel. Our results show that they foster growth, while stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have gained from the implementation of fiscal rules.

Date: 2013
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DOI: 10.1080/13504851.2012.674198

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