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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...
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Die Studie untersucht die Möglichkeiten und Grenzen der Finanzpolitik in den Mitgliedsländern der EU zur Erreichung … Zusammenwirken der Finanzpolitik mit den übrigen Makropolitiken, vor allem der Geldpolitik und der Strukturpolitik, eingegangen. In …
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The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...
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