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Fiscal Federalism, European Stability Pact, and Municipal Investment Finance : A Microdata Analysis of Spanish Municipalities
Vallés, Jaime - 2010
In countries where subnational governments control a large part of the public finances, the central government's ability to keep its commitment to the European Union's Stability and Growth Pact can be a difficult matter. European rules demand that the overall budget be balanced over the medium...
Persistent link: https://www.econbiz.de/10013151269
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Geldemission, Staatsbudget und monetäre Integration in Europa
Hofner, Günter - 1994
Persistent link: https://www.econbiz.de/10013327646
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The controversy over fiscal multipliers as a case of triangular diplomacy : the limits of co-regulation in the management of the eurozone
Papadopoulos, Ioannis; Vlachos, Vasileios A. - In: International journal of diplomacy and economy 2 (2015) 4, pp. 351-367
Persistent link: https://www.econbiz.de/10011531159
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Against the political expectations and theoretical models : how to implement austerity and not to lose political power
Veebel, Viljar; Kulu, Liina - In: Baltic journal of economics 14 (2014) 1/2, pp. 2-16
During the global financial crisis in 2008-10 Estonia symbolized a pathway of fiscal consolidation and austerity. Moreover, despite opting for austerity and all the social and political consequences of achieving fiscal consolidation, the governing coalition in Estonia succeeded also in avoiding...
Persistent link: https://www.econbiz.de/10011890419
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Structural public balance adjustment and relative poverty in the Eurozone countries : an empirical investigation
Canale, Rosaria Rita; Liotti, Giorgio - In: Ekonomický časopis : časopis pre ekonomickú … 64 (2016) 8, pp. 768-779
Persistent link: https://www.econbiz.de/10011582855
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - In: International journal of finance & economics : IJFE 21 (2016) 3, pp. 247-265
Persistent link: https://www.econbiz.de/10011560506
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Long-term effects of fiscal stimulus and austerity in Europe
Gechert, Sebastian; Horn, Gustav A.; Paetz, Christoph - 2017
We analyze whether there are negative (positive) long-term effects of austerity measures (stimulus measures) on potential output growth. Based on the approach of Blanchard and Leigh (2013) and Fatás and Summers (2016) and using a novel dataset of narratively identified fiscal policy shocks, we...
Persistent link: https://www.econbiz.de/10011656960
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - 2014
Persistent link: https://www.econbiz.de/10011554870
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The macroeconomic effects of the Euro Area's fiscal consolidation 2011 - 2013 : a simulation-based approach
Rannenberg, Ansgar; Schoder, Christian; Strasky, Jan - 2015
Wir simulieren die Haushaltskonsolidierung im Euroraum im Zeitraum 2011 bis 2013 mit Hilfe von zwei DSGE Modellen der … Haushalte krisenbedingt erhöht wird. Im letzteren Szenario trägt die Haushaltskonsolidierung die maßgebliche Verantwortung für … die Verschlechterung der Produktionslücke im Zeitraum 2011 bis 2013. Wäre die Haushaltskonsolidierung erst in einer Phase …
Persistent link: https://www.econbiz.de/10011311671
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Asymmetric macroeconomic stabilization and fiscal consolidation in the OECD and the Euro Area
Aldama, Pierre; Creel, Jérôme - 2020
Persistent link: https://www.econbiz.de/10012233676