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Fiscal Rules: Reasons And Evolution

Author

Listed:
  • LUPU, Iulia

    (“Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy)

Abstract

The fiscal rules’ framework is presented in a simple and logical manner, considering the reasons for their implementation from different perspectives. Thoughtfully analysing the specific literature, the importance of an appropriate design for fiscal rules is underlined, and the arguments for rule compliance are identified. The current situation of fiscal rules practice and application is mentioned and analysed.

Suggested Citation

  • LUPU, Iulia, 2015. "Fiscal Rules: Reasons And Evolution," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 19(4), pages 21-31.
    • Handle: RePEc:vls:finstu:v:19:y:2015:i:4:p:21-31
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    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf/vol19i4p21-31.pdf
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    Citations

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    Cited by:

    1. CIUMARA, Tudor, 2016. "Political Ideology And Fiscal Policy. The Case Of Romania," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 20(2), pages 55-64.
    2. CIUMARA, Tudor, 2016. "Fiscal Responsibility Within An Unstable Economic And Political Environment," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 20(4), pages 54-68.

    More about this item

    Keywords

    economic policies; deficits; fiscal reform;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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