| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2681 |
| DP2681 The Geography of Equity Listing: Why Do Companies List Abroad? | |
| Marco Pagano; Ailsa Roell; Josef Zechner | |
| 发表日期 | 2001-01-30 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Do fiscal rules likely lead to fiscal adjustment, or do they encourage the use of ?creative accounting?? This question is studied with a model in which fiscal rules are imposed on ?measured? fiscal variables, which can differ from ?true? variables because there is a margin for creative accounting. The probability of detecting creative accounting depends on its size and the transparency of the budget. The model studies the effects on fiscal policy of different rules, separating structural from cyclical effects, and examines how these effects depend on the underlying fiscal distortion and on the degree of transparency of the budget. |
| 主题 | International Macroeconomics |
| 关键词 | Fiscal rules Budget deficits Creative accounting Budget transparency |
| URL | https://cepr.org/publications/dp2681 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531739 |
| 推荐引用方式 GB/T 7714 | Marco Pagano,Ailsa Roell,Josef Zechner. DP2681 The Geography of Equity Listing: Why Do Companies List Abroad?. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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