The 2008-09 crisis has shown that some euro area member countries were unable to sufficiently stabilize their economies which has given rise to a debate about deeper fiscal integration in Europe. In this paper, we analyze the redistributive and stabilizing effects of two scenarios of fiscal...

"Fiscal federalism refers to the division or distribution of fiscal powers between different levels of government. In the context of the European Union, it provides a framework to explore the foundations and evolution of the Union's (limited) fiscal powers across different areas of EU...

This open access book delivers a much-needed analysis of the relationship between the EU's financial constitution and European integration.The economic rescue package NextGenerationEU has multiplied the EU's financial volume and thereby raised the question of the state of European integration...