June 3, 2013 - Colloquium

Fiscal Rules: A Necessary Evil?


  • 08:30 – 09:00

  • 09:00 – 09:20
    Conference opening with Nicolas Marceau, Québec Minister of Finance and the Economy

  • 09:15 – 10:00
    Xavier Debrun (International Monetary Fund)
    “Implementing Fiscal Rules: Is There a Role for Fiscal Councils?
    Discutant: Robin Boadway (Queen’s University)

  • 10:00 – 10:45
    Marcelin Joanis (U. de Sherbrooke & CIRANO), Martial Foucault (U. de Montréal & CIRANO) and Etienne Farvaque (U. du Havre)
    “The mechanics of fiscal rules effectiveness.”
    Discussant: Robert D. Ebel (University of the District of Columbia, Washington)

  • 10:45 – 11:00
    Coffee break

  • 11:00 – 11:45
    Grégoire Rota-Graziosi (International Monetary Fund)
    Implementing Tax Coordination and harmonization : A Solution a la Schelling. ”
    Discussant: Marianne Vigneault (Bishop’s University)

  • 11:45 – 12:30
    Niklas Potrafke (IFO Institute, Munich)
    “Fiscal transfers and fiscal sustainability”
    Discussant: Sergio Galletta (U. of Lugano)

  • 12:30 – 14:00
    Lunch break

  • 14:00 – 14:45
    Yilin Hou (University of Georgia)
    “Business Cycle, Central Transfer and Countercyclical Infrastructure Investment – A Fiscal Framework for Fiscal Policy Coordination and Economic Stability. ”
    Discussant: François Vaillancourt (U. de Montréal & CIRANO)

  • 14:45 – 15:30
    Daniel L. Smith (New York University)
    “What Do Subnational Fiscal Rules Achieve?”
    Discussant: Haizhen Mou (University of Saskatchewan)

  • 15:30 – 15:45
    Coffee break

  • 15:45 – 16:30
    Mario Jametti (U. of Lugano) and Sergio Galletta (U. of Lugano)
    “How to Tame Two Leviathans? Revisiting the Effect of Direct Democracy on Local Public Expenditure. ”
    Discussant: Nicolas-Guillaume Martineau (U. de Sherbrooke)

  • 16:30 – 17:15
    Sharon S. Kioko (Syracuse University)
    “The unintended consequences of fiscal rules and limitations. ”
    Discussant: Pierre Martin (U. de Montréal)

  • 17:30
    Reception and closing of workshop

Event co-organized with the CIRANO and the generous support of the Chaire d'études politiques et économiques américaines (CÉRIUM, UdeM) and the Ministère des Relations internationales, de la Francophonie et du Commerce extérieur du Québec.


Logistics details and mandatory registration online, via the CIRANO's Website.
Please, note that the registration is not automatic - an electronic confirmation will follow if there is enough room.


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