The Economic Effects of Constitutional Budget Institutions

@article{Voigt2011TheEE,
  title={The Economic Effects of Constitutional Budget Institutions},
  author={S. Voigt and L. Blume},
  journal={Political Economy: Comparative Political Economy eJournal},
  year={2011}
}
  • S. Voigt, L. Blume
  • Published 2011
  • Economics
  • Political Economy: Comparative Political Economy eJournal
There is a well-established literature analyzing the effects of fiscal institutions on fiscal policy variables such as budget deficits or accumulated government debt. We combine this literature with the emerging field of positive constitutional economics, which deals with the economic effects of constitutional rules. The paper addresses three questions: (1) Do budget provisions that are explicitly spelled out in a country's constitution have any significant effect on fiscal policy? (2) Does the… Expand
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