Rosiak, Tomasz - Instytut Badañ Gospodarczych (IBG) - 2015
fiscal capacity for the euro area. On the base of a subject literature study, I have developed a model with boundary … European Union, and especially the euro area, share a lot of characteristics typical for fiscal federalism. From this point of … view, a budget for the euro area seems to be the best form of fiscal capacity. However, it could bring further …