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 … government, structural reforms may either be complementary to, or a substitute for, fiscal discipline. If governments are forward … the expectation that relaxing fiscal constraints may help to boost structural reforms may not be well-founded. …