Showing 1 - 10 of 29,764
Persistent link: https://www.econbiz.de/10012650969
Persistent link: https://www.econbiz.de/10015056462
We will study in this paper the relation between public investment, public debt and fiscal rules in the European Union countries. The strict fiscal rules imposed by EU have negatively affected the investments. The decline in public investment in European Union is related to the fiscal rules...
Persistent link: https://www.econbiz.de/10011964940
Persistent link: https://www.econbiz.de/10013384409
This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal rules) have successfully contributed to...
Persistent link: https://www.econbiz.de/10012598898
Persistent link: https://www.econbiz.de/10011665600
Persistent link: https://www.econbiz.de/10014323582
Against the background of the European Commission's reform plans of the Stability and Growth Pact (SGP) this policy brief uses the macroeconometric multi-country model NiGEM to simulate the macroeconomic implications of the most relevant reform options from 2024 onwards. Next to a return to the...
Persistent link: https://www.econbiz.de/10013383332
Persistent link: https://www.econbiz.de/10014438266
Debt levels in the eurozone have reached new record highs. The member countries have tried to cushion the economic … as well as with the hypothetical application of the new fiscal rule to eurozone economies from 2022 to 2026. Finally, we … take up the recent proposal by ESM economists to increase the permissible debt ratio from 60 to 100% of GDP in the eurozone. …
Persistent link: https://www.econbiz.de/10012798538