What should fiscal councils do?

What should fiscal councils do?

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Fiscal councils now exist in a number of countries. This paper first considers the extent of deficit bias, potential explanations for it, and how independent institutions could help reduce it. Are fiscal councils complements to or substitutes for fiscal rules, and why do none at present have any...

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Библиографические подробности
Главные авторы:	Wren-Lewis, S, Calmfors, L
Формат:	Working paper
Опубликовано:	University of Oxford 2011

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