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The fiscal challenges of Polish integration with the euro area

Kasperowicz-Stępień, Alicja - In: Copernican Journal of Finance & Accounting : CJF&A 4 (2015) 1, pp. 83-96

Persistent link: https://www.econbiz.de/10012222493

Why 3 and 60 per cent? : the rationale of the reference values for fiscal deficits and debt in the European Economic and Monetary Union

Priewe, Jan - In: European journal of economics and economic policies : … 17 (2020) 2, pp. 111-126

Persistent link: https://www.econbiz.de/10012321766

The final blow to the Stability Pact? : EMU enlargement and government debt

Paulus, Philipp (contributor) - 2006

The continued debate on even the softened Stability and Growth Pact (SGP) highlights that the question of public debt in the European Monetary Union (EMU) needs further scrutiny. Both political economy models for emerging market sovereign debt and exchange rate regimes, as well as models on...

Persistent link: https://www.econbiz.de/10003401984

The SGP - faulty by design or made faulty by politicians? : an assessment based on a simulation model

Horáková, Šárka; Jahoda, Robert - In: Národohospodářský obzor : časopis věnovaný … 14 (2014) 3, pp. 249-265

Persistent link: https://www.econbiz.de/10010417534

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

The risk of adopting the bond yield as the anchor for the EU fiscal framework

Andersson, Fredrik N. G.; Jonung, Lars - 2022

Persistent link: https://www.econbiz.de/10012815880

A new framework for fiscal policy consolidation in Europe

Bofinger, Peter; Ried, Stefan - 2010

Current developments in Greece make clear that the rules of the European Stability and Growth Pact (SGP) were neither strict enough nor enforced strictly enough. To deal with the ongoing fiscal exit and its related phenomena of crisis, we propose a new framework for fiscal policy consolidation...

Persistent link: https://www.econbiz.de/10009751385

The impact of supranational fiscal rules on public finance : the case of EMU member states

Aristovnik, Aleksander; Meze, Matevž - In: Global business & economics review 19 (2017) 1, pp. 38-53

Persistent link: https://www.econbiz.de/10011665600

Impact of fiscal institutions on public finances in the European Union : review of evidence in the empirical literature

Gorčák, Martin; Šaroch, Stanislav - In: Národohospodářský obzor : časopis věnovaný … 21 (2021) 2, pp. 215-232

This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal rules) have successfully contributed to...

Persistent link: https://www.econbiz.de/10012598898

Reducing sovereign debt levels in the post-Covid Eurozone with a simple deficit rule

Jost, Thomas; Tödter, Karl-Heinz - 2021

Debt levels in the eurozone have reached new record highs. The member countries have tried to cushion the economic … as well as with the hypothetical application of the new fiscal rule to eurozone economies from 2022 to 2026. Finally, we … take up the recent proposal by ESM economists to increase the permissible debt ratio from 60 to 100% of GDP in the eurozone. …

Persistent link: https://www.econbiz.de/10012798538