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The optimal fiscal rule in the context of accession to the Eurozone

Krajewski, Piotr; Mackiewicz, Michał; Piłat, Katarzyna - In: Economic research 28 (2015) 1, pp. 398-406

Persistent link: https://www.econbiz.de/10012220743

Political economy of the stability and growth pact

Costantini, Orsola - In: European journal of economics and economic policies : … 14 (2017) 3, pp. 333-350

Persistent link: https://www.econbiz.de/10011890738

The role of fiscal policies for external imbalances : evidence from the European Union

Afonso, António; Coelho, José Carlos - 2021

two deficits is asymmetric and the negative impact of the recent Eurozone banking and sovereign debt crisis on the current … positive impact of the budget balance on the current account balance is higher in the cases of non-Eurozone countries, high … budget deficit countries, and low exports countries, whereas it is lower in the cases of Eurozone countries, low budget …

Persistent link: https://www.econbiz.de/10012504606

Euro-area fiscal stance : from theory to practical implementation

Bénassy-Quéré, Agnès - 2016

Despite large automatic stabilizers, the performance of the Euro area as a whole in terms of fiscal stabilization is relatively poor. This report argues that a meaningful fiscal stance for the Euro area should rely on the current account as a complement to the output gap, and be coordinated only...

Persistent link: https://www.econbiz.de/10011521835

Public finances solvency in the Euro Area : true or false?

Afonso, António; Coelho, José Carlos - 2022

We assess public finances solvency for Euro Area countries using quarterly data between 1999Q1 and 2020Q4. Through a country-by-country analysis, the answer to the title question is true. For most countries, (i) the primary budget balance reacts positively to the lagged public debt ratio and...

Persistent link: https://www.econbiz.de/10013365375

Does the stability and growth pact induce a bias in the EC's fiscal forecasts?

Gilbert, Niels; Jong, Jasper de - 2014

Persistent link: https://www.econbiz.de/10010458171

Deficit policy within the framework of the stability and growth pact : empirical results and lessons for the fiscal compact

Afflatet, Nicolas - 2016

This paper examines the question whether joining EMU or the breach of the Stability and Growth Pact in 2003 had an impact on the deficit policy of member states. The empirical analysis gives no hint for an alteration of deficit policy after having joined EMU or after having breached the Pact in...

Persistent link: https://www.econbiz.de/10011488439

Fiscal discipline in EMU? : testing the effectiveness of the excessive deficit procedure

Jong, Jasper de; Gilbert, Niels - 2018

Persistent link: https://www.econbiz.de/10011915307

The reform of the European Union's fiscal governance framework in a new macroeconomic environment

Alloza, Mario; Andrés, Javier; Burriel, Pablo; … - 2021

Persistent link: https://www.econbiz.de/10012665373

Searching for new fiscal rules in the euro area : A new proposal

Priewe, Jan - In: European journal of economics and economic policies : … 18 (2021) 2, pp. 145-159

Persistent link: https://www.econbiz.de/10012650969