Sentence examples for fiscal rule from inspiring English sources

To this end, we estimate a linear "fiscal rule" for each country where the fiscal balance (F it ) is expressed as function of its lagged value (F it-1), inflation (π it ), output gap (y it ), debt (Debt it ), and a time trend (Tt): {F}_{it}={gamma}_0+{gamma}_{1 }{F}_{it-1} + {gamma}_2{pi}_{it}+{gamma}_3{pi}_{it}^2+{gamma}_4{y}_{it}+{gamma}_5Deb{t^2}_{it}+{gamma}_6{T}_t+{mathcal{T}}_{it} (5).

This fiscal rule is to be hard-wired into each country's constitution to make compliance likelier.

But much looser fiscal rule means Labour might need only £1bn of further cuts.

She will retain the counter-cyclical fiscal rule established by the outgoing government of Ricardo Lagos.

Could an independent Scotland really keep the pound without submitting to fiscal rule from London?

Mr Osborne's main fiscal rule allows for such spending, which adds to the economy's potential.

A new fiscal rule has put the public finances on a more solid basis.

He would keep the fiscal rule and the social-protection net, he says.

Osborne's fiscal rule has been challenged by the independent Social Market Foundation thinktank.

The answer is that he is trapped by an unpopular fiscal rule known as the tax shield.

Under a new fiscal rule, the government would be banned from running a budget deficit under "normal" economic conditions.