Thams, Andreas - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2007
This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and Spain, as both … 1990s. We focus on the question, how fiscal policy behaves under rising public debt ratios. It is found that both Germany …, Jordi and Roberto Perotti (2003): “Fiscal policy and monetary integration in Europe,”
Economic Policy, 18(37), 533-72.
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