Buti, Marco; Röger, Werner; Turrini, Alessandro - In: CESifo economic studies : CESifo, a joint initiative of … 55 (2009) 1, pp. 165-196
While according to the so-called ‘Brussels-Frankfurt consensus’, sound fiscal policies and structural reforms support each other, it is often claimed that the EU fiscal framework, by reducing the budgetary room for manoeuvre and the political capital of governments, may deter reforms. The...
