Deroose, Servaas (contributor); Larch, Martin (contributor); … - European Commission / Directorate-General for Economic … - 2008
It is often argued that fiscal stabilisation in the euro area compares unfavourably with the US, not least because of the perceived limitations of the Stability and Growth Pact. This paper qualifies this perception by taking a closer look at fiscal policy making since the mid-1990s. It examines...
