significantly. However, the analysis also reveals that the years immediately before the start of EMU were characterised by a …

conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this …

Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … the fiscal balance – a result backing an optimistic view on fiscal discipline under EMU. On the other hand, however, there … is the result that a high degree of openness has a deficit reducing impact. This is a worrying result in the EMU context …

EMU driven interest rate convergence has led to a significant reduction of borrowing costs for some European …

Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … the fiscal balance – a result backing an optimistic view on fiscal discipline under EMU. On the other hand, however, there … is the result that a high degree of openness has a deficit reducing impact. This is a worrying result in the EMU context …

EMU driven interest rate convergence has led to a significant reduction of borrowing costs for some European …

conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this …

significantly. However, the analysis also reveals that the years immediately before the start of EMU were characterised by a …