The Behaviour of Fiscal Authorities: Stabilisation, Growth and Institutions

The behaviour of fiscal authorities and its interplay with budgetary institutions is a recent and increasingly important area of economic research, heightened by the move to single currency in Europe. This volume provides a systematic analysis of issues including the determinants of fiscal retrenchment strategies, the role of numerical and procedural rules, the composition of the adjustment, the (dis)similarity of fiscal behaviour across countries, the interactions between fiscal and monetary au…