Showing 71 - 80 of 176,823
The aim of this paper is to assess the effectiveness of risk sharing mechanisms in the euro area and whether a … supranational fiscal risk sharing mechanism could insure countries against very severe downturns. Using an unbalanced panel of 15 … euro area countries over the period 1979-2010, the results of the paper show that: (i) the effectiveness of risk sharing …
Persistent link: https://www.econbiz.de/10014394634
Persistent link: https://www.econbiz.de/10010219000
The European Fiscal Compact (FC) entered into force by 1 January, 2013 in 25 EU Member States. With the ratification the signatory countries commit significant parts of their budget to the European Commission and the European Court of Justice, which indicates a shift of power from legislative to...
Persistent link: https://www.econbiz.de/10012000586
Persistent link: https://www.econbiz.de/10009623515
Persistent link: https://www.econbiz.de/10012152941
Persistent link: https://www.econbiz.de/10013464485
Persistent link: https://www.econbiz.de/10012212741
Persistent link: https://www.econbiz.de/10003952073
Persistent link: https://www.econbiz.de/10011415815
Persistent link: https://www.econbiz.de/10012820575