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Sustainability of national debt in Europe

Heinemann, Friedrich - In: Intereconomics : review of European economic policy 28 (1993) 2, pp. 61-68

Persistent link: https://www.econbiz.de/10001139972

Sovereign Risk Premia : The Link between Fiscal Rules and Stability Culture

Heinemann, Friedrich - 2013

There is a growing empirical literature studying whether fiscal rules reduce borrowing costs. Nevertheless, it remains an open question whether these rules are effective genuinely or just because they mirror fiscal preferences of politicians and voters. In our analysis of European bond spreads,...

Persistent link: https://www.econbiz.de/10013085156

Who's Afraid of an EU Tax and Why? - Revenue System Preferences in the European Parliament

Heinemann, Friedrich - 2008

The EU's revenue system is still typical for an organisation based on international cooperation and stands in contrast … to the Union's far advanced legislative and political role. This contrast feeds the debate on granting the EU an … autonomous tax source. Our contribution explores the factors which shape the acceptance of the EU tax option among European …

Persistent link: https://www.econbiz.de/10012724399

European Monetary Union Reform Preferences of French and German Parliamentarians

Blesse, Sebastian - 2019

We analyze data from an author‐conducted survey of members of the French and German parliaments on European Monetary Union reform preferences. We consider three potential drivers of preferences: nationality, ideology, and personal characteristics. For European Monetary Union policies like...

Persistent link: https://www.econbiz.de/10012900533

A Viable Insolvency Procedure for Sovereigns (VIPS) in the Euro Area

Fuest, Clemens - 2014

A mechanism to restructure the debt of an insolvent euro country is a missing element in the emerging institutional architecture of the euro area. The introduction of an insolvency proce-dure for sovereigns faces a dilemma: In the foreseeable future, its introduction would risk pushing Europe...

Persistent link: https://www.econbiz.de/10013048549

Reconciling Insurance with Market Discipline : A Blueprint for a European Fiscal Union

Dolls, Mathias - 2015

This contribution develops a blueprint for a European fiscal union. The proposal addresses the shortcomings of most other reform designs which do not offer a solution for insolvent or non-cooperative euro countries. We suggest a design which combines fiscal insurance with an orderly procedure to...

Persistent link: https://www.econbiz.de/10013018079

Do Fiscal Rules Constrain Fiscal Policy? A Meta-Regression-Analysis

Heinemann, Friedrich - 2016

We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...

Persistent link: https://www.econbiz.de/10012994845

The ECB under the threat of fiscal dominance : the individual central banker dimension

Heinemann, Friedrich; Kemper, Jan - In: The Economists' voice 18 (2021) 1, pp. 5-30

Persistent link: https://www.econbiz.de/10012805955

Election cycles in European public procurement

Havlik, Annika; Heinemann, Friedrich; Nover, Justus - 2021

This paper studies the existence of election cycles in public procurement in the European Union for the national level. We analyze different steps along the procurement process, namely the publication of the contract notice, the awarding of the contract, and the project completion. We point out...

Persistent link: https://www.econbiz.de/10012649806

The political economy of euro area sovereign debt restructuring

Heinemann, Friedrich - In: Constitutional political economy 32 (2021) 4, pp. 502-522

Persistent link: https://www.econbiz.de/10012651359