Taylor, Christopher T. (contributor); … - 2001 - [Elektronische Ressource]
control over fiscal
policy by member governments, who may be tempted in extremis (despite the
mandatory limits on deficits) to …. Standard NiGEM
assumptions regarding policy and expectations were retained, viz., that national
policymakers adjust fiscal … policy to maintain government solvency in the medium
term; labour markets are assumed to be forward-looking, as are interest …