Ioannou, Demosthenes; Stracca, Livio - 2011
We test whether two key elements of the EU and euro area economic governance framework, the Stability and Growth Pact …-in-difference approach on a panel of over 30 countries, some of which are non-EU (control group). Hence, the impact of the EU economic … group. We find strong and robust evidence that neither the Stability and Growth Pact nor the Lisbon Strategy have had a …