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Fiscal rules and government size in the European Union

Jochen Mierau and Eduard Suari Andreu
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Eduard Suari Andreu: Groningen University

Authors registered in the RePEc Author Service: Eduard Suari-Andreu

No 14009-EEF, Research Report from University of Groningen, Research Institute SOM (Systems, Organisations and Management)

Abstract: This paper studies the impact of national fiscal rules on government size as measured by the ratio of government expenditures to gross domestic product. We develop a model of the budgetary process and show that a common pool problem may arise which can be mitigated through fiscal rules. We test the model

Date: 2014
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