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The cyclicality of automatic and discretionary fiscal policy : what can real-time data tell us?

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Cyclical stabilisation under the Stability and Growth Pact: How effective are automatic stabilisers?

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Open issues on the implementation of the stability and growth pact

Buti, Marco; Martinot, Bertrand - In: National Institute economic review (2000) 4, pp. 92-104

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Macroeconomic policy and structural reform : a conflict between stabilisation and flexibility?

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Fiscal policy in EMU : rules, discretion and political incentives

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The EMU regime and government preferences for the provision of stabilisation

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Cyclical stabilisation under the stability and growth pact : how effective are automatic stabilisers?

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Fiscal policy in EMU : rules, discretion and political incentives

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Automatic Fiscal Stabilisers in EMU: A Conflict between Efficiency and Stabilisation?

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It is often claimed that tax and welfare reforms that aim at enhancing efficiency may come at the cost of cyclical stabilisation. Reducing the generosity of welfare systems and lowering taxes may boost efficiency and output, and improve market adjustment to shocks. But, by reducing the size of...

Persistent link: https://www.econbiz.de/10001747428

Fiscal policy in Europe : how effective are automatic stabilisers?

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