Present-biased Government, Creative Accounting and a Pitfall in Balanced Budget Rules
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DOI: 10.32468/be.1183
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Cited by:- Marcela De Castro-Valderrama & Nicolas Moreno-Arias & Juan Jose Ospina-Tejeiro, 2023. "Credibility and Bias: The Case for Implementing Both a Debt Anchor and a Balanced Budget Rule," IHEID Working Papers 09-2023, Economics Section, The Graduate Institute of International Studies.
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More about this item
Keywords
Quasi-Hyperbolic Discounting; Creative Accounting; Balanced Budget Rule; Fiscal Policy; Public Overindebtness; Welfare Analysis; descuento cuasi-hiperbólico; Contabilidad Creativa; Regla Fiscal sobre el balance; Política Fiscal; Sobre endeudamiento público; Análisis de bienestar.;
All these keywords.JEL classification:
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2022-01-03 (Dynamic General Equilibrium)
- NEP-MAC-2022-01-03 (Macroeconomics)
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