Showing 1 - 8 of 8
of three dimensions on EU and euro area fiscal reform preferences: nationality, political ideology, and populism. We …
Persistent link: https://www.econbiz.de/10012596720
that national differences of the pass-through speed in the EU can be regarded as a retail-oriented indicator of financial …
Persistent link: https://www.econbiz.de/10013428476
not economic necessity have dictated the consolidation in the EU during the 90s. …
Persistent link: https://www.econbiz.de/10000683878
State-owned enterprises (SOEs) provide opportunities for a more flexible and market-based provision of public services. At the same time, they may impair fiscal transparency and offer politicians discretion in the presence of strict fiscal rules if these only constrain the core udget. Using a...
Persistent link: https://www.econbiz.de/10014471782
We use event study regressions to compare the impact of EU monetary versus fiscal policy announcements on government … bond spreads of ten euro member countries. Our motivation is to evaluate which of the two players - the ECB or the EU … only for the announcement of the 'Next Generation EU' program. In contrast, a temporary relaxation of European fiscal rules …
Persistent link: https://www.econbiz.de/10012534642
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10013428121
Are the characteristics of the exchange rate regime relevant for the degree of fiscal discipline? What are the conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this paper from a theoretical point of view. After a general...
Persistent link: https://www.econbiz.de/10013428171
Persistent link: https://www.econbiz.de/10013428473