A New Fiscal Framework for Resource-Rich Countries by Luc Eyraud, William Gbohoui and Paulo Medas published by IMF (11/2023). This paper revisits the debate on the design of fiscal rules in resource-rich countries. Its main objective is to assess…
Reforming fiscal governance in the European Union by Michal Andrle, John C. Bluedorn, Luc Eyraud, Tidiane Kinda, Petya Koeva Brooks, Gerd Schwartz and Anke Weber published by IMF (5/2015). “…This note discusses medium-term reform options to simplify the framework…
A Simple Method to Compute Fiscal Multipliers by Nicoletta Batini, Luc Eyraud, and Anke Weber published by IMF (6/2014). Fiscal multipliers are important tools for macroeconomic projections and policy design. In many countries, little is known about the size…
Second-Generation Fiscal Rules: Balancing Simplicity, Flexibility, and Enforceability prepared by Luc Eyraud, Xavier Debrun, Andrew Hodge, Victor Lledó, and Catherine Pattillo published by IMF (4/2018). “Fiscal rules are widely used to constrain fiscal policy discretion and promote fiscal discipline….
Fiscal politics in the euro area by Luc Eyraud, Vitor Gaspar and Tigran Poghosyan published by IMF (01/2017). “This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget composition and poor compliance with fiscal rules in the euro…
