Schuknecht, Ludger - 2004
” rules where a “fine-
tuned” economic rationale may boost acceptance of the rules versus simple and clear rules that
allow … deficits and fiscal rules
a. Deficit and debt biases
The economic literature has identified a number of reasons why deficit … contract via severely delinquent behaviour: it would put their
own economic and financial stability if not that of EMU as a …