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A simple and flexible alternative to stability and growth pact deficit ceilings : is it at hand?
Muscatelli, V. Anton; Natale, Piergiovanna; Tirelli, … - In: European journal of political economy 28 (2012) 1, pp. 14-26
Persistent link: https://www.econbiz.de/10009516011
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Keep it complex! : Prodi's curse and the EU fiscal governance regime complex
Tesche, Tobias - In: New political economy 28 (2023) 1, pp. 29-41
Persistent link: https://www.econbiz.de/10013493197
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Deficit policy within the framework of the stability and growth pact : empirical results and lessons for the fiscal compact
Afflatet, Nicolas - 2016
This paper examines the question whether joining EMU or the breach of the Stability and Growth Pact in 2003 had an impact on the deficit policy of member states. The empirical analysis gives no hint for an alteration of deficit policy after having joined EMU or after having breached the Pact in...
Persistent link: https://www.econbiz.de/10011488439
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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
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EU governments must not return to their dysfunctional fiscal rules
Truger, Achim - In: The Economists' voice 19 (2022) 1, pp. 73-79
Persistent link: https://www.econbiz.de/10013384409
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New fiscal framework of the European Monetary Union
Golubović, Srđjan; Golubović, Nataša; Cvetković, … - In: Facta Universitatis / Series economics and organization … 10 (2013) 3, pp. 257-271
Persistent link: https://www.econbiz.de/10010458724
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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
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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
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Fiscal and financial conditions for a stronger euro area
Constâncio, Vítor - In: European journal of economics and economic policies : … 17 (2020) 2, pp. 183-193
Persistent link: https://www.econbiz.de/10012321800
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Investment and the golden rule in the European Union
Marinescu, Ada Cristina - In: Financial studies 22 (2018) 1, pp. 53-63
We will study in this paper the relation between public investment, public debt and fiscal rules in the European Union countries. The strict fiscal rules imposed by EU have negatively affected the investments. The decline in public investment in European Union is related to the fiscal rules...
Persistent link: https://www.econbiz.de/10011964940