Hughes Hallett, Andrew; Kuhn, Moritz; Warmedinger, Thomas - In: European Journal of Government and Economics (EJGE) 1 (2012) 1, pp. 44-65
to design the necessary fiscal corrections, and discusses the gains that can be achieved from such interventions … that, without early interventions, the later deficit reductions typically double in size – meaning governments become … subject to the excessive deficit procedure and significant improve-ment tests more often. Thus the budget savings from early …