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Assessing debt sustainability in a stochastic environment : 200 years of Dutch debt and deficit management
Wijnbergen, Sweder van; France, Alexander - 2012
Persistent link: https://www.econbiz.de/10010191022
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The Sustainability of Public Finanaces and Fiscal Policy Coordination in the EMU
von Hagen, Jürgen - 2010
The financial crisis of 2007-2009 led to a renewed increase in government deficits and debts in many EU countries, causing a full-fledged fiscal crisis in Greece and severe fiscal pressures in other euro-area countries. This has prompted a series of proposals for improving the fiscal framework...
Persistent link: https://www.econbiz.de/10014190597
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The Economic and Monetary Union : Past, Present and Future
Dabrowski, Marek - 2019
Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a...
Persistent link: https://www.econbiz.de/10012869760
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Fiscal Discipline in EMU? Testing the Effectiveness of the Excessive Deficit Procedure
de Jong, Jasper - 2018
The Excessive Deficit Procedure (EDP), central to the Stability and Growth Pact, is criticized for both its procyclical effects and – in contrast – a perceived lack of enforcement. To test its actual effects, we construct a real-time database of EDP recommendations and estimate augmented...
Persistent link: https://www.econbiz.de/10012910189
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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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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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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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The effectiveness of cyclically adjusted budget rules in the European Union
Wijsman, Sebastiaan - 2019
Persistent link: https://www.econbiz.de/10012049378
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The roles of fiscal rules, fiscal councils and fiscal union in EU integration
Calmfors, Lars - 2015
EU-level fiscal rules have not been able to prevent the large-scale accumulation of government debt in many eurozone …
Persistent link: https://www.econbiz.de/10011305767
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The role of fiscal policies for external imbalances : evidence from the European Union
Afonso, António; Coelho, José Carlos - 2021
two deficits is asymmetric and the negative impact of the recent Eurozone banking and sovereign debt crisis on the current … positive impact of the budget balance on the current account balance is higher in the cases of non-Eurozone countries, high … budget deficit countries, and low exports countries, whereas it is lower in the cases of Eurozone countries, low budget …
Persistent link: https://www.econbiz.de/10012504606