Coenen, Günter (contributor); Mohr, Matthias (contributor); … - 2008
consolidation, euro area
5
ECB
Working Paper Series No 902
May 2008
Non-Technical Summary
Since the launch of the Economic and … distortionary taxes, with the result of stimulating economic activity. The positive
effects are further strengthened when allowing …
Since the launch of the Economic and Monetary Union (EMU), deficits and/or debt levels
in a number of euro area countries …