European versus American Perspectives on Balanced-Budget Rules

American Economic Review

Volumn 86, Issue 2, 1996, Pages 408-413

  Corsetti, Giancarlo ^a   Roubini, Nouriel ^b  

^a ROMA TRE UNIVERSITY   (Italy)

^b NEW YORK UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038370907     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (13)

1. Alesina, Alberto and Perotti, Roberte. "Fiscal Discipline and the Budget Process." American Economic Review, May 1996 (Papers and Proceedings), 86(2), pp. 401-7.
2. Alesina, Alberto and Roubini, Nouriel. "Political Cycles: Theory and Evidence." Unpublished manuscript, December 1995.
3. Auerbach, Alan. "The U.S. Fiscal Problem: Where We Are, How We Got Here, and Where We Are Going," in Stanley Fischer and Julio Rotemberg, eds., NBER Macroeconomics Annual. Cambridge, MA: MIT Press, 1994, pp. 141-75.
4. Bohn, Henning and Inman, Robert. "Constitutional Limits and Public Deficits: Evidence from the U.S. States." Unpublished manuscript, November 1995.
5. Buiter, Willem; Corsetti, Giancarlo and Roubini, Nouriel. "Excessive Deficits: Sense and Nonsense in the Treaty of Maastricht." Economic Policy: A European Forum, April 1993, (16), pp. 57-100.
6. Commission of the European Communities. Report on European convergence. Brussels, Commission of the European Communities, 1995.
7. Corsetti, Giancarlo and Roubini, Nouriel. "The Design of Optimal Fiscal Rules for Europe after 1992," in Francisco Torres and Francesco Giavazzi, eds., Adjustment and growth in the European Monetary Union. Cambridge: Cambridge University Press, 1993, pp. 46-82.
8. _. "Political Biases in Fiscal Policy: Reconsidering the Case for the Maastricht Fiscal Criteria," in Barry Eichengreen and Jeffry Frieden, eds., Monetary and fiscal policy in an integrated Europe. New York: Springer-Verlag, 1995, pp. 60-83.
9. Poterba, James. "Balanced Budget Rules and Fiscal Policy: Evidence from the States." National Tax Journal, September 1995, 48(3), pp. 329-37.
10. Roubini, Nouriel. "The Economics of Fiscal Bondage: The Balanced Budget Amendment and Other Binding Fiscal Rules." Unpublished manuscript, Stern School of Business, New York University, February 1995.
11. Sachs, Jeffrey and Roubini, Nouriel. "Political and Economic Determinants of Budget Deficits in the Industrial Democracies." European Economic Review, May 1989, 33(5), pp. 903-33.
12. Sachs, Jeffrey and Sala-i-Martin, Xavier. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe from the United States," in M. Canzoneri, V. Grilli, and P. Masson, eds., Establishing a central bank: Issues in Europe and lessons from the U.S. Cambridge: Cambridge University Press, 1992, pp. 195-219.
13. von Hagen, Jurgen. "Budgeting Procedures and Fiscal Performance in the European Community." Commission of the European Communities (Brussels) Economic Paper No. 96, October 1992.