The absence of historical quarterly fiscal data has limited the analysis of the macroeconomic impact of fiscal policies in the euro area, including the interactions of fiscal and monetary policies. To overcome this gap, we construct a quite disaggregated euro area quarterly fiscal database for...

Short-term fiscal indicators based on public accounts data are often used by European policy makers. These indicators represent one of the main sources of publicly available intra-annual fiscal information. Nevertheless, they are not formally included in the European multilateral fiscal...

The ongoing fiscal and financial crisis with significant macroeconomic imbalances in the euro area raises the question in how far public–private wage interaction and even wage spirals contribute to fiscal and competitiveness problems. In this vain we analyse empirically whether the evolution...