Hein, Eckhard; Truger, Achim - Institut für Makroökonomie und Konjunkturforschung … - 2006
Since the start of the European Monetary Union fiscal policy in the Euro area has been dominated by the Stability and … same time macroeconomic performance has been unsatisfactory. We analyse fiscal policy and its macroeconomic impact for the … Euro area as a whole and for selected countries and compare it with US fiscal policy, with a special emphasis on the period …