| 来源类型 | VoxEU Column |
| 规范类型 | 评论 |
| Latin America's fashionable scepticism: Setting the record straight | |
| Augusto De la Torre; Eduardo Levy Yeyati; Samuel Pienknagura | |
| 发表日期 | 2014-01-12 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | Democratic governments tend to accumulate excessive debt. This column proposes a new rule – the ‘Catenarian Fiscal Discipline’ – which allows a fiscally disciplined incumbent to limit the debt-making of the next officeholder. This way, fiscal discipline today can lead to fiscal discipline in the future. Such a rule would require that we broaden our notion of representative democracy by recognising the fact that a current government already has various implicit ways of limiting what its elected successors can do. |
| 主题 | Macroeconomic policy |
| 关键词 | Democracy Fiscal policy Debt Time inconsistency Fiscal discipline |
| URL | https://cepr.org/voxeu/columns/latin-americas-fashionable-scepticism-setting-record-straight |
| 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/550523 |
| 推荐引用方式 GB/T 7714 | Augusto De la Torre,Eduardo Levy Yeyati,Samuel Pienknagura. Latin America's fashionable scepticism: Setting the record straight. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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