[ { "key": "PRCWV2JM", "version": 19, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/PRCWV2JM", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/PRCWV2JM", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Esquivel and Peralta", "parsedDate": "2013", "numChildren": 0 }, "data": { "key": "PRCWV2JM", "version": 19, "itemType": "report", "title": "A Structural Fiscal Balance Rule for Mexico", "creators": [ { "creatorType": "author", "firstName": "Gerardo", "lastName": "Esquivel" }, { "creatorType": "author", "firstName": "Williams", "lastName": "Peralta" } ], "abstractNote": "This paper analyzes the convenience of adopting a structural fiscal balance rule in Mexico, and whether the necessary conditions exist in the country for the adoption of such a rule. Adjustments are made for cyclical factors and other sources of volatility, both on the revenue and the expenditure side, in order to estimate the structural fiscal balance and determine if an appropriate fiscal rule can be designed for Mexico's case. The analysis evaluates various possible oil production scenarios in Mexico and reaches the conclusion that adopting a rule that establishes a yearly structural fiscal surplus of 0.5 percent of GDP could be adequate to maintain sustainable levels of public debt.", "reportNumber": "IDB-DP-294", "reportType": "Discussion Paper", "institution": "Inter-American Development Bank", "place": "Washington D.C.", "date": "2013", "seriesTitle": "", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2013-10-18T19:41:13Z", "dateModified": "2013-10-18T19:41:13Z" } }, { "key": "ANS6ABJR", "version": 19, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/ANS6ABJR", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/ANS6ABJR", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Schaechter et al.", "parsedDate": "2012", "numChildren": 0 }, "data": { "key": "ANS6ABJR", "version": 19, "itemType": "journalArticle", "title": "Fiscal Rules in Response to the Crisis - Toward the \"Next-Generation\" Rules. A New Dataset", "creators": [ { "creatorType": "author", "firstName": "Andrea", "lastName": "Schaechter" }, { "creatorType": "author", "firstName": "Tidaine", "lastName": "Kinda" }, { "creatorType": "author", "firstName": "Nina", "lastName": "Budina" }, { "creatorType": "author", "firstName": "Anke", "lastName": "Weber" } ], "abstractNote": "Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal rules in use around the world, compiles a dataset - covering national and supranational fiscal rules, in 81 countries from 1985 to end-March 2012 - and presents details about the rules’ key design elements, particularly in support of enforcement. This information is summarized in a set of fiscal rules indices. Three key findings emerge: (i) many new fiscal rules have been adopted and existing ones strengthened in response to the crisis; (ii) the number of fiscal rules and the comprehensiveness of the design features in emerging economies has caught up to those in advanced economies; and (iii) the \"next-generation\" fiscal rules are increasingly complex as they combine the objectives of sustainability and with the need for flexibility in response to shocks, thereby creating new challenges for implementation, communication, and monitoring.", "publicationTitle": "IMF Working Paper", "publisher": "", "place": "", "date": "2012", "volume": "2012", "issue": "187", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2013-10-18T19:41:02Z", "dateModified": "2013-10-18T19:41:02Z" } }, { "key": "ASJE6QKJ", "version": 18, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/ASJE6QKJ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/ASJE6QKJ", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Budina et al.", "parsedDate": "2012", "numChildren": 1 }, "data": { "key": "ASJE6QKJ", "version": 18, "itemType": "report", "title": "Fiscal Rules at a Glance: Country Details from a New Dataset", "creators": [ { "creatorType": "author", "firstName": "Nina", "lastName": "Budina" }, { "creatorType": "author", "firstName": "Tidaine", "lastName": "Kinda" }, { "creatorType": "author", "firstName": "Andrea", "lastName": "Schaechter" }, { "creatorType": "author", "firstName": "Anke", "lastName": "Weber" } ], "abstractNote": "This paper provides country-specific information on fiscal rules in use in 81 countries from 1985 to end-September 2012. It serves as background material and update of the July 2012 Working Paper “Fiscal Rules in Response to the Crisis—Toward the ‘Next Generation’ Rules: A New Dataset” and is also available in an easy accessible electronic data visualization tool (http://www.imf.org/external/datamapper/FiscalRules/map/map.htm).The dataset covers four types of rules: budget balance rules, debt rules, expenditure rules, and revenue rules, applying to the central or general government or the public sector. It also presents details on various characteristics of rules, such as their legal basis, coverage, escape clauses, as well as key supporting features such as independent monitoring bodies.", "reportNumber": "12/273", "reportType": "Working Paper", "institution": "International Monetary Fund", "place": "", "date": "2012", "seriesTitle": "", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2013-10-18T19:40:11Z", "dateModified": "2013-10-18T19:40:11Z" } }, { "key": "S7QWD5FA", "version": 18, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": 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"type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/KG8BZ5NH", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/KG8BZ5NH", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Shaikh", "parsedDate": "1974-02-01", "numChildren": 0 }, "data": { "key": "KG8BZ5NH", "version": 17, "itemType": "journalArticle", "title": "Laws of Production and Laws of Algebra: The Humbug Production Function", "creators": [ { "creatorType": "author", "firstName": "Anwar", "lastName": "Shaikh" } ], "abstractNote": "", "publicationTitle": "The Review of Economics and Statistics", "publisher": "", "place": "", "date": "February 01, 1974", "volume": "56", "issue": "1", "section": "", "partNumber": "", "partTitle": "", "pages": "115-120", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.2307/1927538", "citationKey": "", "url": "http://www.jstor.org/stable/1927538", "accessDate": "2011-02-16T00:54:39Z", "PMID": "", "PMCID": "", "ISSN": "00346535", "archive": "", "archiveLocation": "", "shortTitle": "Laws of Production and Laws of Algebra", "language": "", "libraryCatalog": "JSTOR", "callNumber": "", "rights": "", "extra": "ArticleType: research-article / Full publication date: Feb., 1974 / Copyright © 1974 The MIT Press", "tags": [], "collections": [], "relations": {}, "dateAdded": "2013-02-21T18:02:46Z", "dateModified": "2013-02-21T18:02:46Z" } }, { "key": "X38BTUFA", "version": 2, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": 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"creatorType": "author", "firstName": "Simon", "lastName": "Wren-Lewis" } ], "abstractNote": "Macroeconomic theory clearly suggests that at the zero lower bound, fiscal contraction will reduce output and slow any recovery. Yet in 2010 the focus of fiscal policy in many countries switched from supporting activity to reducing debt, despite the fact that the recovery from recession often appeared weak. While high levels of public debt can explain this switch in some countries, it does not provide a satisfactory account in others. In addition, the possibility of using balanced budget fiscal expansion or tax switches that bring forward spending remain largely unexplored. This paper suggests that policy has been influenced by an opposition to countercyclical fiscal policy which has ideological roots.", "publicationTitle": "National Institute Economic Review", "publisher": "", "place": "", "date": "2011", "volume": "217", "issue": "1", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://ideas.repec.org/a/sae/niesru/v217y2011i1pr31-r46.html", "accessDate": "2012-08-23T16:34:19Z", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Lessons from Failure", "language": "", "libraryCatalog": "RePEc - IDEAS", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Countercyclical fiscal policy", "type": 1 }, { "tag": "balanced budget fiscal expansion", "type": 1 }, { "tag": "deficit bias", "type": 1 }, { "tag": "government debt", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2012-08-23T16:34:19Z", "dateModified": "2012-08-23T16:34:19Z" } }, { "key": "U2N4J8TV", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/U2N4J8TV", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/U2N4J8TV", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/81697/items/GQ9JEVX2", "type": "application/json" } }, "meta": { "createdByUser": { "id": 1058632, "username": "Bernardo Diaz", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/bernardo_diaz", "type": "text/html" } } }, "numChildren": 0 }, "data": { "key": "U2N4J8TV", "version": 1, "parentItem": "GQ9JEVX2", "itemType": "attachment", "linkMode": "imported_url", "title": "RePEc PDF", "accessDate": "2012-07-05T16:14:54Z", "url": "http://www.nber.org/papers/w17884.pdf", "note": "", "contentType": "application/pdf", "charset": "", "filename": "Wyplosz - 2012 - Fiscal Rules Theoretical Issues and Historical Ex.pdf", "md5": null, "mtime": null, "tags": [], "relations": {}, "dateAdded": "2012-07-05T16:14:54Z", "dateModified": "2012-07-05T16:14:57Z" } }, { "key": "UVFV33NA", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/UVFV33NA", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/UVFV33NA", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/81697/items/GQ9JEVX2", "type": "application/json" } }, "meta": { "createdByUser": { "id": 1058632, "username": "Bernardo Diaz", "name": "", "links": { "alternate": { "href": "https://www.zotero.org/bernardo_diaz", "type": "text/html" } } } }, "data": { "key": "UVFV33NA", "version": 1, "parentItem": "GQ9JEVX2", "itemType": "attachment", "linkMode": "imported_url", "title": "RePEc Snapshot", "accessDate": "2012-07-05T16:14:55Z", "url": "http://ideas.repec.org/p/nbr/nberwo/17884.html", "note": "", "contentType": "text/html", "charset": "utf-8", "filename": "17884.html", "md5": null, "mtime": null, "tags": [], "relations": {}, "dateAdded": "2012-07-05T16:14:55Z", "dateModified": "2012-07-05T16:14:55Z" } }, { "key": "52AABTJV", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/52AABTJV", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/52AABTJV", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/81697/items/3ZDAHCMX", "type": "application/json" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "numChildren": 0 }, "data": { "key": "52AABTJV", "version": 1, "parentItem": "3ZDAHCMX", "itemType": "note", "note": "

Ver capitulo 6 sobre la segunda generación de reglas fiscales, buscar lecciones aprendidas de la primera generación de reglas

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", "tags": [], "relations": {}, "dateAdded": "2012-07-03T23:58:26Z", "dateModified": "2012-07-03T23:58:58Z" } }, { "key": "3ZDAHCMX", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/3ZDAHCMX", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/3ZDAHCMX", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "International Monetary Fund", "parsedDate": "2012", "numChildren": 1 }, "data": { "key": "3ZDAHCMX", "version": 1, "itemType": "book", "title": "Fiscal Monitor. Balancing fiscal policy risks", "creators": [ { "creatorType": "author", "name": "International Monetary Fund" } ], "abstractNote": "\"The projections included in this issue of the Fiscal Monitor are based on the same database used for the April 2012 World Economic Outlook and Global Financial Stability Report (and are referred to as \"IMF staff projections\"). The fiscal projections refer to the general government unless otherwise indicated. Short-term fiscal projections are based on officially announced budgets, adjusted for differences between the national authorities and the IMF staff regarding macroeconomic assumptions. The medium-term fiscal projections incorporate policy measures that are judged by the IMF staff as likely to be implemented. For countries supported by an IMF arrangement, the medium-term projections are those under the arrangement. In cases in which the IMF staff has insufficient information to assess the authorities' budget intentions and prospects for policy implementation, an unchanged cyclically adjusted primary balance is assumed, unless indicated otherwise. Country-specific assumptions are detailed in the Methodological and Statistical Appendix, which precedes the Statistical Tables.\"--Preface", "series": "World Economic And Financial Surveys", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2012", "publisher": "International Monetary Fund", "place": "Washington, D.C.", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "", "ISBN": "9781616352486 1616352485", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "English", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-07-03T23:57:41Z", "dateModified": "2012-07-03T23:57:41Z" } }, { "key": "2DTTXV82", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": 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"publicationTitle": "Journal of the European Economic Association", "publisher": "", "place": "", "date": "Sep 2008", "volume": "6", "issue": "5", "section": "", "partNumber": "", "partTitle": "", "pages": "1006-1036", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T21:47:17Z", "dateModified": "2012-06-27T17:48:28Z" } }, { "key": "UJKBX52V", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/UJKBX52V", "type": "application/json" }, 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{ "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/J7JWJ7X3", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/J7JWJ7X3", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Kydland and Prescott", "parsedDate": "1977-06", "numChildren": 1 }, "data": { "key": "J7JWJ7X3", "version": 1, "itemType": "journalArticle", "title": "Rules Rather than Discretion: The Inconsistency of Optimal Plans", "creators": [ { "creatorType": "author", "firstName": "Finn E.", "lastName": "Kydland" }, { "creatorType": "author", "firstName": "Edward C.", "lastName": "Prescott" } ], "abstractNote": "Even if there is an agreed-upon, fixed social objective function and policymakers know the timing and magnitude of the effects of their actions, discretionary policy, namely, the selection of that decision which is best, given the current situation and a correct evaluation of the end-of-period position, does not result in the social objective function being maximized. The reason for this apparent paradox is that economic planning is not a game against nature but, rather, a game against rational economic agents. We conclude that there is no way control theory can be made applicable to economic planning when expectations are rational. [ABSTRACT FROM AUTHOR]\nCopyright of Journal of Political Economy is the property of University of Chicago Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)", "publicationTitle": "Journal of Political Economy", "publisher": "", "place": "", "date": "junio 1977", "volume": "85", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "473", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "00223808", "archive": "", "archiveLocation": "", "shortTitle": "Rules Rather than Discretion", "language": "", "libraryCatalog": "EBSCOhost", "callNumber": "5056504", "rights": "", "extra": "", "tags": [ { "tag": "CENTRAL economic planning", "type": 1 }, { "tag": "CONTROL theory (Mathematics)", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2012-06-25T21:40:14Z", "dateModified": "2012-06-25T21:40:14Z" } }, { "key": "SE4AFM9K", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/SE4AFM9K", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/SE4AFM9K", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Kopits", "parsedDate": "2001", "numChildren": 0 }, "data": { "key": "SE4AFM9K", "version": 1, "itemType": "journalArticle", "title": "Fiscal Rules: Useful Policy Framework or Unnecessary Ornament", "creators": [ { "creatorType": "author", "firstName": "George", "lastName": "Kopits" } ], "abstractNote": "With the primary objective of conferring credibility on macroeconomic policies, an increasing number of advanced and emerging market economies have adopted various forms of fiscal rules (mainly balanced-budget requirements and debt limits). In contrast to previous fiscal rules, many of which lacked transparency, recently introduced rules have the potential of serving as a useful depoliticized policy framework, and over time, can contribute to stability and growth. To this end, they need to be well designed and supported by an appropriate institutional infrastructure.", "publicationTitle": "IMF Working Paper", "publisher": "", "place": "", "date": "2001", "volume": "01", "issue": "145", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T21:31:34Z", "dateModified": "2012-06-25T21:31:34Z" } }, { "key": "9RTDWAM4", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": 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[], "relations": {}, "dateAdded": "2012-06-25T20:59:06Z", "dateModified": "2012-06-25T20:59:06Z" } }, { "key": "5K59QRNT", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/5K59QRNT", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/5K59QRNT", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Taylor", "parsedDate": "2009-05-01", "numChildren": 1 }, "data": { "key": "5K59QRNT", "version": 1, "itemType": "journalArticle", "title": "The Lack of an Empirical Rationale for a Revival of Discretionary Fiscal Policy", "creators": [ { "creatorType": "author", "firstName": "John B.", "lastName": "Taylor" } ], "abstractNote": "", "publicationTitle": "The American Economic Review", "publisher": "", "place": "", "date": "may 01, 2009", "volume": "99", "issue": "2", "section": "", "partNumber": "", "partTitle": "", "pages": "550-555", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.jstor.org/stable/25592456", "accessDate": "2012-04-27T17:33:39Z", "PMID": "", "PMCID": "", "ISSN": "0002-8282", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "JSTOR", "callNumber": "", "rights": "", "extra": "ArticleType: research-article / Issue Title: Papers and Proceedings of the One Hundred Twenty-First Meeting of the American Economic Association / Full publication date: May, 2009 / Copyright © 2009 American Economic Association", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:59:06Z", "dateModified": "2012-06-25T20:59:06Z" } }, { "key": "BIQPNZEH", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/BIQPNZEH", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/BIQPNZEH", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Taylor", "parsedDate": "2000-07-01", "numChildren": 1 }, "data": { "key": "BIQPNZEH", "version": 1, "itemType": "journalArticle", "title": "Reassessing Discretionary Fiscal Policy", "creators": [ { "creatorType": "author", "firstName": "John B.", "lastName": "Taylor" } ], "abstractNote": "", "publicationTitle": "The Journal of Economic Perspectives", "publisher": "", "place": "", "date": "julio 01, 2000", "volume": "14", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "21-36", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.jstor.org/stable/2646917", "accessDate": "2012-04-27T17:30:13Z", "PMID": "", "PMCID": "", "ISSN": "0895-3309", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "JSTOR", "callNumber": "", "rights": "", "extra": "ArticleType: research-article / Full publication date: Summer, 2000 / Copyright © 2000 American Economic Association", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:59:06Z", "dateModified": "2012-06-25T20:59:06Z" } }, { "key": "8GH55UI6", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/8GH55UI6", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/8GH55UI6", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Wyplosz", "parsedDate": "2012", "numChildren": 0 }, "data": { "key": "8GH55UI6", "version": 1, "itemType": "journalArticle", "title": "Fiscal Rules: Theoretical Issues and Historical Experiences", "creators": [ { "creatorType": "author", "firstName": "Charles", "lastName": "Wyplosz" } ], "abstractNote": "Fiscal indiscipline is a feature of many developed countries. It is generally accepted that the source of the phenomenon lies in the common pool problem, the fact that recipients of public spending to fail to fully internalize the costs that taxpayers must assume. As a result, democratically elected governments are led to postpone tax collection, or to cut spending. Solving the fiscal discipline problem requires internalizing this externality. This calls for adequate institutions or for rules, or both. This paper reviews the various types of solutions that have been discussed in the literature and surveys a number of experiments. With the European debt crisis in mind, the paper pays particular attention to the common pool problem that emerges in federal states. The main conclusions are the following. First, rules are unlikely to exist unless they come with supporting institutions. Second, fiscal institutions are neither necessary nor sufficient to achieve fiscal discipline, but they help. Third, because institutions must bind the policymakers without violating the democratic requirement that elected officials have the power to decide on budgets, effective arrangements are those that give institutions the authority to apply legal rules or to act as official watchdogs.", "publicationTitle": "National Bureau of Economic Research Working Paper Series", "publisher": "", "place": "", "date": "2012", "volume": "17884", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:57:00Z", "dateModified": "2012-06-25T20:57:00Z" } }, { "key": "9I2X4J8H", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/9I2X4J8H", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/9I2X4J8H", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Gutierrez and Revilla", "parsedDate": "2010", "numChildren": 0 }, "data": { "key": "9I2X4J8H", "version": 1, "itemType": "journalArticle", "title": "Building Countercyclical Fiscal Policies in Latin America. The International Experience", "creators": [ { "creatorType": "author", "firstName": "Mario", "lastName": "Gutierrez" }, { "creatorType": "author", "firstName": "Julio E.", "lastName": "Revilla" } ], "abstractNote": "This paper reviews the international experience of developed and underdeveloped economies in reducing the pro-cyclicality and deficit bias of fiscal policies and promoting the adoption of effective countercyclical fiscal policy actions. The paper draws lessons and\nbest international practices for building fiscal policy frameworks and adopting feasible countercyclical fiscal policies in Latin America. The authors review the main arguments regarding the proper role and limitations of\ncountercyclical fiscal policies, and offer an evaluation of the international evidence demonstrating the typical pro-cyclicality and deficit bias of fiscal policy. The paper analyzes the international experience with fiscal \t \nframeworks, budgetary rules, and other mechanisms for implementing countercyclical fiscal policies, and describes the necessary preconditions for building a stable and effective countercyclical fiscal policy framework in Latin America. The authors review the international best practices for establishing a reliable and effective countercyclical fiscal policy in the region.", "publicationTitle": "World Bank Policy Research Working Paper", "publisher": "", "place": "", "date": "2010", "volume": "", "issue": "5211", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:57:00Z", "dateModified": "2012-06-25T20:57:00Z" } }, { "key": "AU66ZB59", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/AU66ZB59", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/AU66ZB59", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "García et al.", "parsedDate": "2011-03-01", "numChildren": 0 }, "data": { "key": "AU66ZB59", "version": 1, "itemType": "journalArticle", "title": "Fiscal Rules in a Volatile World: A Welfare-Based Approach", "creators": [ { "creatorType": "author", "firstName": "Carlos", "lastName": "García" }, { "creatorType": "author", "firstName": "Jorge", "lastName": "Restrepo" }, { "creatorType": "author", "firstName": "Evan", "lastName": "Tanner" } ], "abstractNote": "It is widely agreed that a fiscal rule should boost discipline and credibility, reduce macroeconomic volatility, and be easily understood. To support such goals, a government may run structural surpluses and accumulate a precautionary cushion of assets on behalf of agents who do not enjoy access to capital markets. As an additional criterion, that level of assets should be bounded. We provide an example of a structural surplus rule that satisfies all such criteria. In our general equilibrium simulations, we show that such a rule benefits credit-constrained consumers but may hurt others.", "publicationTitle": "IMF Working Paper", "publisher": "", "place": "", "date": "Mar 1 2011", "volume": "", "issue": "WP/11/56", "section": "", "partNumber": "", "partTitle": "", "pages": "", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:57:00Z", "dateModified": "2012-06-25T20:57:00Z" } }, { "key": "J9DTUJVU", "version": 1, "library": { "type": "group", "id": 81697, "name": "Reglas fiscales", "links": { "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/81697/items/J9DTUJVU", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/reglas_fiscales/items/J9DTUJVU", "type": "text/html" } }, "meta": { "createdByUser": { "id": 267557, "username": "francisco.villarreal", "name": "Francisco Villarreal", "links": { "alternate": { "href": "https://www.zotero.org/francisco.villarreal", "type": "text/html" } } }, "creatorSummary": "Rincón", "parsedDate": "2010", "numChildren": 0 }, "data": { "key": "J9DTUJVU", "version": 1, "itemType": "journalArticle", "title": "Un análisis comparativo de reglas fiscales cuantitativas", "creators": [ { "creatorType": "author", "firstName": "Hernán", "lastName": "Rincón" } ], "abstractNote": "", "publicationTitle": "Monetaria", "publisher": "", "place": "", "date": "2010", "volume": "XXXIII", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "431-461", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2012-06-25T20:55:25Z", "dateModified": "2012-06-25T20:55:25Z" } } ]