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A Dane in the making of European Monetary Union - a conversation with Niels Thygesen

Maes, Ivo; Péters, Sabine - 2020

Niels Thygesen (born 1934) played for nearly five decades an influential role in the process of economic and monetary integration in Europe. He is especially known as a member of the Delors Committee and as the first Chair of the European Fiscal Board. As part of a research program on collecting...

Persistent link: https://www.econbiz.de/10012214996

Stability criteria and convergence : the role of the system of national accounts for fiscal policy in Europe

Brück, Tilman; Cors, Andreas; Zimmermann, Klaus F.; … - 2002

forecasts of budget deficits. Yet national accounts data of the eurozone countries are now a reliable basis for macroeconomic … policy decisions. The stability and growth pact of the eurozone countries relies heavily on one indicator of fiscal … eurozone governments. …

Persistent link: https://www.econbiz.de/10011437135

Entry and exit dynamics of 'Excessive Deficits' in the European Union

Bayar, Ali H. - 1999

The extent of government deficits and debt has been one of the most debated issues in recent years. However, very little has been contributed about their dynamics . Yet, the issue of entering into and exiting from excessive deficits will be critical in the European monetary union since the...

Persistent link: https://www.econbiz.de/10009781711

Does the stability and growth pact induce a bias in the EC's fiscal forecasts?

Gilbert, Niels; Jong, Jasper de - 2014

Persistent link: https://www.econbiz.de/10010458171

Rethinking fiscal policy : lssons from the European Monetary Union (EMU)

Saraceno, Francesco - 2017

Persistent link: https://www.econbiz.de/10011793474

Fiscal discipline in EMU? : testing the effectiveness of the excessive deficit procedure

Jong, Jasper de; Gilbert, Niels - 2018

Persistent link: https://www.econbiz.de/10011915307

The stability pack and inefficiencies in fiscal policy making in EMU

Alho, Kari E. O. - 2000

The aim of the paper is to analyse the Stability and Growth Pact of EMU in a two-country model of monetary union with rational expectations and with spillovers of macroeconomic policies between the countries. The paper concentrates on tax policy, and shows that the results on optimal policy...

Persistent link: https://www.econbiz.de/10010199298

Does it pay to fulfill the Maastricht convergence criteria? : reflections on the public debt and growth nexus for selected European economies

Bökemeier, Bettina; Clemens, Christiane - 2016

the public budget and participation in the Euro-zone. The analysis is based on data of European economies with a special … focus on twelve Euro-zone members and a control group of six non-Euro countries for the years from 1970 to 2014. The results … European economies outside the Euro-zone shows higher growth values for Euro-members than for the control group. Regression …

Persistent link: https://www.econbiz.de/10011557773

Euro-area fiscal stance : from theory to practical implementation

Bénassy-Quéré, Agnès - 2016

Despite large automatic stabilizers, the performance of the Euro area as a whole in terms of fiscal stabilization is relatively poor. This report argues that a meaningful fiscal stance for the Euro area should rely on the current account as a complement to the output gap, and be coordinated only...

Persistent link: https://www.econbiz.de/10011521835

Fiscal policy and EMU

Goodhart, Charles A. E. - 1990

Persistent link: https://www.econbiz.de/10000884808

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