Do fiscal rules matter for growth?

Antonio Afonso and Joao Jalles

No 2012/07, Working Papers Department of Economics from ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa

Abstract: We study the relevance of fiscal rules for growth in an 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.

Keywords: fiscal rules; growth; government size; panel analysis (search for similar items in EconPapers)
JEL-codes: C23 E62 H60 (search for similar items in EconPapers)
Date: 2012-01
New Economics Papers: this item is included in nep-eec, nep-fdg and nep-pbe
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Citations: View citations in EconPapers (7)

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Journal Article: Do fiscal rules matter for growth? (2013)
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More papers in Working Papers Department of Economics from ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa Department of Economics, ISEG - Lisbon School of Economics and Management, Universidade de Lisboa, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL.
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