Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making-Processes
This chapter analyses the role of fiscal policy as a tool of macroeconomic stabilisation and proposes changes in the EU fiscal rules with the aim of making them more flexible while at the same time maintaining fiscal discipline.
Year of publication: |
2003
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Authors: | Calmfors, Lars ; Corsetti, Giancarlo ; Flemming, John ; Honkapohja, Seppo ; Kay, John ; Leibfritz, Willi ; Saint-Paul, Gilles ; Sinn, Hans-Werner ; Vives, Xavier |
Published in: |
EEAG Report on the European Economy. - CESifo. - 2003, 05, p. 46-75
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Publisher: |
CESifo |
Saved in:
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