Camba-Mendez, Gonzalo; Lamo, Ana - 2021
Under the Maastricht Treaty and the Stability and Growth Pact (SGP) European Union (EU) Member States commit themselves … SGP provides also regulation for the surveillance of budgetary positions. An analysis of associated tools is the focus of … fiscal policy discipline in the EU. First, the estimation of the structural component of the balance ratio. Second, the …