Twin deficits revisited: A role for fiscal institutions?

We revisit the twin-deficits relationship for a sample of 65 countries with fiscal rules over the period 1985–2015, using a panel data estimation methods. Our analysis accounts for the role of various types of fiscal rules and institutions: expenditure rules, revenue rules, budget balance rules, deb...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Huart, Florence (author), Jalles, João Tovar (author), Stanek, Piotr (author)
Format: article
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/25488
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25488