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Reconciling insurance with market discipline : a blueprint for a European fiscal union

Dolls, Mathias; Fuest, Clemens; Heinemann, Friedrich; … - 2016

This contribution develops a blueprint for a European fiscal union. We argue that a viable European fiscal union can be constructed without joint liability for public debt or a centralized government with a large common budget. Such a fiscal union should combine elements of market discipline...

Persistent link: https://www.econbiz.de/10011431564

Reconciling insurance with market discipline : a blueprint for a European fiscal union

Dolls, Mathias; Fuest, Clemens; Heinemann, Friedrich; … - 2015

This contribution develops a blueprint for a European fiscal union. The proposal addresses the shortcomings of most other reform designs which do not offer a solution for insolvent or noncooperative euro countries. We suggest a design which combines fiscal insurance with an orderly procedure to...

Persistent link: https://www.econbiz.de/10011300749

European economic governance : the Berlin-Washington consensus

Fitoussi, Jean-Paul; Saraceno, Francesco - In: Cambridge journal of economics 37 (2013) 3, pp. 479-496

Persistent link: https://www.econbiz.de/10009771114

Wie können sich die Mitgliedsländer des Euroraums aus dem Würgegriff der Finanzmärkte befreien?

Bofinger, Peter - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 91 (2011) 12, pp. 811-816

Persistent link: https://www.econbiz.de/10009406202

The euro crisis and the new impossible trinity

Pisani-Ferry, Jean - 2012

The search for solutions to the euro crisis is based on a partial diagnosis that overemphasises the lack of enforcement of existing fiscal rules. Europe's leaders should rather address the euro area's inherent weaknesses revealed by the crisis. At the core of euro-area vulnerability is an...

Persistent link: https://www.econbiz.de/10009411196

Analysis of fiscal rules in the European Monetary Union

Šehović, Damir - In: Journal of central banking theory and practice 4 (2015) 1, pp. 19-33

Persistent link: https://www.econbiz.de/10010486417

Conflicting claims in the eurozone? : austerity's myopic logic and the need for a European federal union in a Post-Keynesian eurozone center-periphery model

Botta, Alberto - 2012

In this paper, we analyze the role of the current institutional setup of the eurozone in fostering the ongoing … particular, we present a Post-Keynesian eurozone center-periphery model through which we show how, due to the incomplete nature … of eurozone institutions with respect to a full-fledged federal union, diverging trends and conflicting claims have …

Persistent link: https://www.econbiz.de/10009672248

Wie können sich die Mitgliedsländer des Euroraums aus dem Würgegriff der Finanzmärkte befreien?

Bofinger, Peter - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 91 (2011) 12, pp. 811-816

Persistent link: https://www.econbiz.de/10009672695

Zerfall der Eurozone? : EU-Krisengipfel

Glomb, Wolfgang - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 92 (2012) 1, pp. 4

Persistent link: https://www.econbiz.de/10009679101

The stability and growth pact : the appropriate fiscal framework for EMU

Issing, Otmar - In: International economics and economic policy : IEEP 1 (2004) 1, pp. 9-13

Persistent link: https://www.econbiz.de/10002097594