Showing 11 - 20 of 314,122
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
Persistent link: https://www.econbiz.de/10012321800
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
Persistent link: https://www.econbiz.de/10012311773
Persistent link: https://www.econbiz.de/10009771114
Persistent link: https://www.econbiz.de/10009231320
Persistent link: https://www.econbiz.de/10013402023
Persistent link: https://www.econbiz.de/10001400282
Persistent link: https://www.econbiz.de/10011454092
This paper reviews developments in fiscal rules in the European Union (EU) from the entering into force of the Treaty on European Union (the “Maastricht Treaty”), which laid the foundations for the euro, until today. It seems safe to say that fiscal positions in the EU and the euro area are...
Persistent link: https://www.econbiz.de/10012063785