Do budget balance rules anchor budget balance expectations? -- Some international evidence

Conference object, Preprint English OPEN
Rülke, Jan-Christoph; Frenkel, Michael; Lis, Eliza;
(2013)
  • Publisher: ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg
  • Subject: H62 | H11 | H68
    • jel: jel:H62 | jel:H11 | jel:H68
      ddc: ddc:330

This is the first study that analyzes whether budget balance expectations are anchored and whether budget balance rules effectively anchor expectations. To this end, we use a unique data set which covers budget balance expectations in 17 countries that implemented a bud... View more
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