Jonathan Millar

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The Effects of Budget Rules on Fiscal Performance and Macroeconomic Stabilization

Staff Working Paper 1997-15 Jonathan Millar
Budget rules can be defined as legislated or constitutional constraints on government deficits, taxes, expenditures, or debt. This paper reviews the budget rules recently legislated in six of Canada's provinces and both of its territories, as well as budget rules in other OECD countries.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Fiscal Policy JEL Code(s): E, E6, E62, H, H3, H6, H61

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