Larch, Martin; Turrini, Alessandro - In: Intereconomics : review of European economic policy 45 (2010) 1, pp. 48-60
The cyclically adjusted budget balance (CAB) plays a key role in the EU fiscal surveillance framework. It started off … partly met. The everyday practice of the EU fi scal surveillance rapidly revealed a number of caveats of the CAB which, at … fortunes of the CAB in the EU fiscal surveillance framework. It portrays its main shortcomings and the way they are dealt with …
