Andersen, Torben M. - In: econPol Forum : a bi-monthly journal on European … 24 (2023) 4, pp. 45-48
Across EU countries there is no general tendency for public investment to be crowded out by fiscal rules. The notion of investment in the public sector is different from the private sector, and it is problematic to base policy rules on the national account definition of investment. A Golden Rule...