000			01925nab a2200301 c 4500
999			_c138008 _d138008
003			ES-MaIEF
005			20221212175711.0
007			t|
008			180507r2018 ne ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_952685 _aHeinemann, Friedrich
245		0	_aDo fiscal rules constrain fiscal policy? _bA meta-regression-analysis _c Friedrich Heinemann, Marc-Daniel Moessinger, Mustafa Yeter
260			_c2018
500			_aDisponible únicamente en formato electrónico a través de la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aWe implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules based on 30 studies published in the last decade. The existing empirical evidence points to a constraining effect of rules on fiscal aggregates. However, this seemingly optimistic message is strongly weakened as our analysis points to a bias if the potential endogeneity of fiscal rules is not explicitly taken into account. Furthermore, our analysis provides evidence for the presence of a publication bias. Both sources of bias reduce the statistical precision of obtained effects below usual levels of statistical significance. In addition, we offer suggestive evidence for the effect size based on a small coherent sub-sample and provide recommendations for future research on the budgetary impact of fiscal rules.
650		4	_948067 _aPOLITICA FISCAL
650		4	_942375 _aDERECHO TRIBUTARIO
650		4	_950201 _aHACIENDA PUBLICA
650		4	_953408 _aANÁLISIS DE REGRESIÓN
700	1		_962952 _aMoessinger, Marc Daniel
700	1		_966121 _aYeter, Mustafa
773	0		_9156219 _oOP 1912/2018/51 _tEuropean Journal of Political Economy _w(IEF)124230 _x 0176-2680 _g n. 51, 2018, p. 69-92
856			_uhttps://www.sciencedirect.com/science/article/pii/S0176268016301471
942			_2udc _cART