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After the fuzziness in Europe that surrounded the implementation of the excessive deficit procedure foreseen by the Stability and Growth Pact (SGP), the European Union had to restore the credibility of the weakened fiscal rule. The constraint was to keep alive the Treaty of Amsterdam. Indeed, an...
Persistent link: https://www.econbiz.de/10010691758
, we study the causality between government revenue and spending for the EU in the period 1960-2006. Spend …, Austria, Finland and the UK, and for several EU New Member States. …
Persistent link: https://www.econbiz.de/10008529002