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EMU and fiscal discipline : the end of the depreciation threat
Heinemann, Friedrich - 1998
conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this …
Persistent link: https://www.econbiz.de/10011441669
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EMU and fiscal discipline: the end of the depreciation threat
Heinemann, Friedrich - 1998
conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this …
Persistent link: https://www.econbiz.de/10010297592
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Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … the fiscal balance - a result backing an optimistic view on fiscal discipline under EMU. On the other hand, however, there … is the result that a high degree of openness has a deficit reducing impact. This is a worrying result in the EMU context …
Persistent link: https://www.econbiz.de/10011442384
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Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … the fiscal balance – a result backing an optimistic view on fiscal discipline under EMU. On the other hand, however, there … is the result that a high degree of openness has a deficit reducing impact. This is a worrying result in the EMU context …
Persistent link: https://www.econbiz.de/10010297607
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Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999
Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … the fiscal balance – a result backing an optimistic view on fiscal discipline under EMU. On the other hand, however, there … is the result that a high degree of openness has a deficit reducing impact. This is a worrying result in the EMU context …
Persistent link: https://www.econbiz.de/10005097639
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Pilgrims to the Eurozone: How Far, How Fast?
Kocenda, Evzen; Kutan, Ali M.; Yigit, Taner M. - Center for Economic Research and Graduate Education and … - 2005
In our analysis, we examine the convergence of all recent ten European Union (EU) members to EU standards. Novel features of the paper include more complete measures of convergence, in particular fiscal convergence; a broader examination of inflation convergence with respect to the Maastricht...
Persistent link: https://www.econbiz.de/10010842907
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FISCAL DISCIPLINE AND CONVERGENCE OF THE EURO AREA CANDIDATES. CLOSER TO THE PERFORMERS OR TO THE LAGGARDS?
Flavia, Tatomir Cristina; Ileana, Alexe - In: Annals of Faculty of Economics 1 (2012) 1, pp. 163-168
discipline for the effective functioning of the European Monetary Union (EMU). In the second part, by exploring the current … candidates for Euro adoption in order to understand whether they add to the strengths or to the weaknesses of the EMU, from a …
Persistent link: https://www.econbiz.de/10010607256
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"Close to Balance or in Surplus": A Policy Maker's Guide to the Implementation of the Stability and Growth Pact
Artis, Michael J; Buti, Marco - C.E.P.R. Discussion Papers - 2000
-area economy adapts to the new EMU environment, the medium-term targets will need to be re-addressed. …
Persistent link: https://www.econbiz.de/10005067360
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Fiscal and Monetary Interaction: The Role of Asymmetries of the Stability and Growth Pact in EMU
Eijffinger, Sylvester C W; Governatori, Matteo - C.E.P.R. Discussion Papers - 2004
policy, where the main features characterizing the policy-making are similar to those in EMU. National governments choose the …
Persistent link: https://www.econbiz.de/10005789061
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Towards expenditure rules and fiscal sanity in the euro area
Hauptmeier, Sebastian; Sanchez Fuentes, Jesus; … - 2010
followed neutral policies based on expenditure rules since the start of EMU. It also calculates the implications for debt …
Persistent link: https://www.econbiz.de/10011605312