Morris, Richard; de Castro Fernández, Francisco; Jonk, … - European Central Bank - 2009
estimates of the impact of legislation changes. This is done for a selection of EU countries, including the “big five” euro area …In recent years, government revenues in many EU countries experienced significant and erratic changes, which, a priori … substantial proportion of changes in the euro area cyclically adjusted budget balance over the period 1999-2007. Since these …