SHOULD SOUTH AFRICA ADOPT NUMERICAL FISCAL RULES?¹

Rules Rather than Discretion: The Inconsistency of Optimal Plans

Finn E. Kydland, Edward C. Prescott · Journal of Political Economy · 1977 · 7.9K citations

Social Sciences, Economics, Public Policy +15

Rules, discretion and reputation in a model of monetary policy

Robert J. Barro, D. Benjamin Gordon · Journal of Monetary Economics · 1983 · 3.6K citations

Social Sciences, Economics, Macroeconomics +16

An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output

Olivier Blanchard, Roberto Perotti · The Quarterly Journal of Economics · 2002 · 2.9K citations

Public Affairs, Economics, Public Finance +13

A Positive Theory of Monetary Policy in a Natural Rate Model

Robert J. Barro, D. Benjamin Gordon · Journal of Political Economy · 1983 · 2.2K citations

Social Sciences, Economics, Macroeconomics +13

Democracy in Deficit: The Political Legacy of Lord Keynes

Richard B. McKenzie, James M. Buchanan, Richard E. Wagner · The Journal of Economic Education · 1977 · 1.1K citations

Social Sciences, Political Science, Democratization +5