Ohr, Renate; Schmidt, André - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 73 (2004) 3, pp. 381-391
The following paper deals on the problems of time inconsistency in connection with the stability and growth pact. The authors conclude that the current practice of application of the stability and growth pact is not appropriate for reducing the problems of time inconsistency. The stability pact...