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Revisiting the stability and growth pact : grand desing or internal adjustment?

Buti, Marco; Eijffinger, Sylvester C. W.; Franco, Daniele - 2004

Persistent link: https://www.econbiz.de/10002781927

Revisiting the stability and growth pact: grand design or internal adjustment?

Buti, Marco (contributor); … - In: Reglas macrofiscales, sostenibilidad y procedimientos …, (pp. 29-55). 2003

Persistent link: https://www.econbiz.de/10002527911

A simple and flexible alternative to the stability and growth pact deficit ceilings : is it at hand?

Muscatelli, V. Anton; Natale, Piergiovanna; Tirelli, … - 2003

There have been widespread criticisms of EMU fiscal institutions. We consider a simple alternative to the deficit ceilings envisaged in the Stability and Growth Pact. We advocate the adoption of deficit targets. National governments should retain discretion in setting deviations from targets,...

Persistent link: https://www.econbiz.de/10001784210

Revisiting EMU's stability pact : a pragmatic way forward

Buti, Marco; Eijffinger, Sylvester C. W.; Franco, Daniele - In: Oxford review of economic policy 19 (2003) 1, pp. 100-111

Persistent link: https://www.econbiz.de/10001891977

Domestic budgets in a United Europe : fiscal governance from the end of Bretton Woods to EMU

Hallerberg, Mark - 2004

Persistent link: https://www.econbiz.de/10001945381

Tradable deficit permits : efficient implementation of the stability pact in the European Monetary Union

Casella, Alessandra - 1999

Persistent link: https://www.econbiz.de/10001400282

Reducing sovereign debt levels in the post-Covid Eurozone with a simple deficit rule

Jost, Thomas; Tödter, Karl-Heinz - 2021

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

Does the Stability and Growth Pact Induce a Bias in the EC's Fiscal Forecasts

Gilbert, Niels D. - 2014

Enforcement of European fiscal rules, to a large extent, hinges on the fiscal forecasts prepared by the European Commission (EC). The reliability of these forecasts has received little attention in the literature, despite the fact that i) the forecasts have potentially far-reaching consequences...

Persistent link: https://www.econbiz.de/10013040182

Impact of fiscal institutions on public finances in the European Union : review of evidence in the empirical literature

Gorčák, Martin; Šaroch, Stanislav - In: Národohospodářský obzor : časopis věnovaný … 21 (2021) 2, pp. 215-232

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

Nationale Schuldenbremsen für die Länder der Europäischen Union : taugt das deutsche Modell als Vorbild?

Hetschko, Clemens; Quint, Dominic; Thye, Marius - 2012

Zu den Verpflichtungen der Mitglieder im Europäischen Fiskalpakt gehört unter anderem, eine nationale Schuldenbremse einzuführen - eine Regel zur Begrenzung der jährlichen Neuverschuldung. Deutschland ist diesen Schritt bereits gegangen. Im vorliegenden Beitrag überprüfen wir, inwieweit...

Persistent link: https://www.econbiz.de/10009540728