Comparative Independent Fiscal Institutions Dataset

<p>The&nbsp;<strong>Comparative Independent Fiscal Institution Dataset (CifiD)</strong>&nbsp;provides information about the legal provisions that constitute the&nbsp;<strong>monitoring scope, powers and institutional design</strong>&nbsp;of&nbsp;<strong>41 Independent Fiscal Institutions (IFIs) in 38 countries</strong>&nbsp;including most EU member states. The dataset covers legislative changes to these institutions until 2018.</p> <p>Furthermore, based on the coding&nbsp;<strong>new indices on the political independence and the level of expertise</strong>&nbsp;of these fiscal monitoring bodies were developed, allowing researchers to investigate the roots and effectiveness of fiscal monitoring and its effects on the fiscal performance of national governments more thoroughly.</p> <p><strong>Institutional properties</strong></p> <p>The CifiD contains 42 items that refer to the institutional properties of fiscal monitoring bodies as they are defined in legislation, classified along the following dimensions:</p> <ul> <li>Institutional model, monitoring and intervention powers</li> <li>IFI design: statutory rules, operations, leadership, composition, term rules, knowledge, transparency</li> </ul> <p>Two main indices were calculated and are part of the dataset:</p> <ul> <li>Formal independence from political interference</li> <li>Level of expertise</li> </ul>