The costs and benefits of balanced budget rules: Lessons from a political economy model of fiscal policy

Author:

Azzimonti Marina,Battaglini Marco,Coate Stephen

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference48 articles.

1. Government domestic debt and the risk of default: a political-economic model of the strategic role of debt;Aghion,1990

2. Optimal taxation without state-contingent debt;Aiyagari;J. Polit. Econ.,2002

3. Divided government and budget deficits: evidence from the states;Alt;Am. Polit. Sci. Rev.,1994

4. Amador, M., (2003), “A political economy model of sovereign debt repayment,” mimeo, Stanford University.

5. Production subsidies and redistribution;Azzimonti;J. Econ. Theory,2008

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