Fiscal Rules and the Composition of Government Expenditures in OECD Countries
Fiscal Rules and the Composition of Government Expenditures
Bibliographic Data
| ID | 11680595 |
|---|---|
| Authors | Momi Dahan (0000-0002-7423-3259, corresponding author), Michel Strawczynski (0000-0002-9928-2620) |
| Year | 2013 |
| Volume | 32 |
| Issue | 3 |
| Pages | 484-504 |
| Publication date | 2013-04-02 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Policy Analysis and Management (JOURNAL) |
| Journal identifiers | ISSN: 0276-8739 • E-ISSN: 1520-6688 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/pam.21694 |
| OpenAlex | W1504155904 |
| Language | EN |
| Citations received | 15 |
| References cited | 36 |
Since the 1990s many OECD countries have adopted fiscal rules. After the adoption of these rules, the ratio of social transfers to government consumption substantially declined, and it recovered following the global economic crisis. Using a sample of 22 OECD countries, we found a negative effect of fiscal rules on the ratio of social transfers to government consumption. This finding implies that fiscal rules are effective, but not necessarily binding. Our examination reveals that the negative effect of fiscal rules on the social transfers to government consumption ratio is particularly evident in countries with relatively weak legal protection to social rights
Consumption (sociology · Economics · Fiscal policy · Government (linguistics · Market economy · Monetary economics · Public economics · Sample (material · Transfer payment · Financial Literacy, Pension, Retirement Analysis · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth
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| Unique citing works | 15 |
|---|---|
| Citations per year | 1,25 |
| Citation span | 2014 - 2026 (13) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 15 |