Since January 2021, the Joint Research Centre (JRC) is fully responsible for the maintenance and development of the EUROMOD model and software. This task is carried out jointly with Eurostat (ESTAT) for what concerns the preparation of the EUROMOD input datasets, and in close collaboration with...

The establishment of a sovereign debt restructuring mechanism (SDRM) is one of the important issues in the academic debate on a viable constitution for the European Monetary Union (EMU). Yet the topic seems to be taboo in official reform contributions to the debate. Against this backdrop, the...

Der Stabilitätspakt hat die Aufgabe, der nationalen Finanzpolitik bei der Verschuldung die Hände zu binden und damit den Euro als vergemeinschaftete Währung abzusichern. Denn ob Geld stabil ist, hängt auch davon ab, wie solide die Staatsfinanzen sind. Den Pakt aufzuweichen wird später einen...

Quantitative models which simulate the probable effect of changes in taxes and welfare benefits can provide policy-makers with a useful evidence base, and can enable stakeholders such as NGOs to play a more active role in policy formation. Austria has broken new ground by creating an easy-to-use...