This paper shows that in American states balanced budget rules are effective in enforcing fiscal discipline but they have no costs in terms of increased output variability. More specifically, we show
Public authorities are required by Section 2800 of Public Authorities Law to submit annual reports to the Authorities Budget Office that includes debt information. The dataset consists of new debt iss
Die vorliegende Datensammlung fasst die Daten der Schuldenstatistik über einen Zeitraum von 100 Jahren zusammen. Datenbasis bilden zum einen Veröffentlichungen des Statistischen Bundesamtes und die Fi
