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Eurozone convergence impact on the Romanian fiscal budgetary system
Solomon, Alina-Georgiana - In: Academic journal of economic studies 2 (2016) 1, pp. 114-120
Persistent link: https://www.econbiz.de/10011567961
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The politics of fiscal austerity : democracies and hard choices
Posner, Paul L.; Sommerfeld, Matthew - In: OECD journal on budgeting (2013) 1, pp. 141-174
Persistent link: https://www.econbiz.de/10010243658
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The fiscal challenges of Polish integration with the euro area
Kasperowicz-Stępień, Alicja - In: Copernican Journal of Finance & Accounting : CJF&A 4 (2015) 1, pp. 83-96
Persistent link: https://www.econbiz.de/10012222493
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How to starve the beast: fiscal and monetary policy rules
Martin, Fernando M. - 2019
, deficit and monetary rules, both in effectiveness at curbing public spending and welfare for private agents. However …, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …
Persistent link: https://www.econbiz.de/10012137093
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Signalling fiscal stress in the euro area : a country-specific early warning system
Hernández de Cos, Pablo; Moral-Benito, Enrique; … - 2014
Persistent link: https://www.econbiz.de/10011783181
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The SGP - faulty by design or made faulty by politicians? : an assessment based on a simulation model
Horáková, Šárka; Jahoda, Robert - In: Národohospodářský obzor : časopis věnovaný … 14 (2014) 3, pp. 249-265
Persistent link: https://www.econbiz.de/10010417534
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Fiscal sustainability, fiscal reactions, pitfalls and determinants
Afonso, António; Coelho, José Carlos - 2022
We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and one-period lagged public debt-to-GDP ratio; and...
Persistent link: https://www.econbiz.de/10013162289
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Public finances solvency in the Euro Area : true or false?
Afonso, António; Coelho, José Carlos - 2022
We assess public finances solvency for Euro Area countries using quarterly data between 1999Q1 and 2020Q4. Through a country-by-country analysis, the answer to the title question is true. For most countries, (i) the primary budget balance reacts positively to the lagged public debt ratio and...
Persistent link: https://www.econbiz.de/10013365375
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Monetary policy surprise shocks under different fiscal regimes : a panel analysis of the Euro Area
Afonso, António; Alves, José; Ionta, Serena - 2023
We study the effect of monetary policy surprise shocks on real output and the price level, conditioned on different fiscal stances in the period 2001Q4-2021Q4 for a panel of the 19 countries of the Euro Area. Applying local projection methodology, we find that the effect of monetary shocks...
Persistent link: https://www.econbiz.de/10014336399
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Fiscal Sustainability, Fiscal Reactions, Pitfalls and Determinants
Afonso, António; Coelho, José Carlos - 2022
We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and one-period lagged public debt-to-GDP ratio; and...
Persistent link: https://www.econbiz.de/10013266600