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  • Dynamic Effects of Fiscal Rules : Do Initial Conditions Matter ? (English)

    Fiscal rules have been shown to support fiscal discipline by improving government budget balances and restraining the growth of debt. However, questions remain about what enhances their effectiveness and...

    Document Type: Policy Research Working Paper Report No.: WPS11066 Document Date: February 18, 2025 Disclosure Status: Disclosed Author: Antonio Fatas,Bram Gootjes,Joseph Mawejje