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Aarle, Bas van; Garretsen, Harry - 1997

Persistent link: https://www.econbiz.de/10000977503

Monetary union and macroeconomic stabilization

Groll, Dominik - 2014 - This version: February 14, 2014

It is conventionally held that countries are worse off by forming a monetary union when it comes to macroeconomic stabilization. However, this conventional view relies on assuming that monetary policy is conducted optimally. Relaxing the assumption of optimal monetary policy not only uncovers...

Persistent link: https://www.econbiz.de/10011415479

Improving the Stability and Growth Pact by integrating a proper accounting of public investments : a new attempt

Bogaert, Henri - 2016

Persistent link: https://www.econbiz.de/10011504523

Fiscal consolidation in Europe : pre- and post-Maastricht

Kamps, Christophe - 2001

Based on a panel data model this paper investigates whether the effects of fiscal policy on national saving in Europe have changed after the Maastricht Treaty came into force. Recently Giavazzi, Jappelli and Pagano (2000) found evidence that national saving responds nonlinearly to fiscal policy...

Persistent link: https://www.econbiz.de/10011474247

Evolving patterns of European fiscal and economic policy coordination : a historical institutionalist analysis

Pan, Wen; Hosli, Madeleine; Lantmeeters, Michael - 2019

Persistent link: https://www.econbiz.de/10012060127

Fiscal stimulus in a monetary union : evidence from Eurozone regions

Coelho, Maria - 2016

Persistent link: https://www.econbiz.de/10011602827

The impact of sovereign bond yields on fiscal discipline

Tkačevs, Oļegs; Vilerts, Kārlis, - 2016

Persistent link: https://www.econbiz.de/10011588244

Institutional constraints to political budget cycles in the enlarged EU

Ademmer, Esther; Dreher, Ferdinand - 2014

This paper revisits Political Budget Cycles (PBCs) in the enlarged European Union (EU). Based on a panel of 25 current … EU member states from 1996 to 2012, we show that governments frequently fiscally stimulate the economy prior to elections …; a phenomenon that is seemingly not only an ‘Eastern problem’ of the EU’s new members, as has been suggested in the …

Persistent link: https://www.econbiz.de/10010416670

Fiscal policy spillovers : points of employment to places of residence

Dupor, Bill; McCrory, Peter B. - 2014

Persistent link: https://www.econbiz.de/10010423554

Debt and stabilization policy : evidence from a Euro Area FAVAR

Jackson, Laura; Owyang, Michael T.; Zubairy, Sarah - 2017

The Euro-area poses a unique problem in evaluating policy: a currency union with a shared monetary policy and country-specific fiscal policy. Analysis can be further complicated if high levels of public debt affect the performance of stabilization policy. We construct a framework capable of...

Persistent link: https://www.econbiz.de/10011696356