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This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy....
Persistent link: https://www.econbiz.de/10012106222
This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU). In particular, the authors characterize the response of output to fiscal consolidations and expansions in the small Euro-area open economies...
Persistent link: https://www.econbiz.de/10012397755
the creation of the Eurozone, fiscal policy has been at the heart of economic (but also political/media) discussions in … the EU. From the Stability and Growth Pact (1997) to the more recent Fiscal Treaty, EU and Eurozone, countries have been … subject to various fiscal rules. The importance of these rules, and of the subsequent procedures that every Eurozone country …
Persistent link: https://www.econbiz.de/10012397042
A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the …
Persistent link: https://www.econbiz.de/10012053992
This book examines fiscal policy coordination in EMU and the required adjustments to national fiscal policies by EMU member states. The book shows that, in the process of Europeanization, national interests have had a major impact on the formation of fiscal policy coordination
Persistent link: https://www.econbiz.de/10012054181
accompany fiscal consolidation and discusses the appropriate tools of crisis management and why a restructuring of the Eurozone … is not the right step. Based on these considerations, a long-term target picture for the Eurozone as a part of the EU is …
Persistent link: https://www.econbiz.de/10013523001
This book provides a comprehensive analysis of national fiscal policies in the European Union and in the European Monetary Union. Adopting a critical perspective, the book offers a deep insight into the consequences of the current strategy of national fiscal policies on economic activity
Persistent link: https://www.econbiz.de/10012053819
Chapter 1: On the political economy of the Greek crisis: Introduction and background -- Chapter 2: The Eurozone crisis …
Persistent link: https://www.econbiz.de/10012397726
Dieses Buch stellt dar, warum wir die Europäische Währungsunion brauchen. Es plädiert für eine vertiefte Integration, ohne dabei deren mögliche Fallstricke auszublenden. Konkrete Maßnahmen werden diskutiert, um den Euro dauerhaft funktionsfähig zu machen. Neben der Verpflichtung aller...
Persistent link: https://www.econbiz.de/10014020983
Motivated by the proliferation of fiscal consolidation episodes in the advent of Monetary Union, this book explains the causes and consequences of fiscal policy in Europe, using theory and empirical evidence from the last four decades
Persistent link: https://www.econbiz.de/10012054000