Narrow search
Showing 1 - 10 of 97,828
Cover Image
Fiscal Federalism, EMU and Shock Absorption Mechanisms: A Guide to the Literature
ECSA-Austria: European Integration online Papers
Fiscal federalism theory seeks to establish the optimal organization of a government, confined by certain geographic boundaries. The implications of that theory for the monetary unification process are shortly inquired. The literature measuring the redistribution and stabilization effects of the...
Persistent link: https://www.econbiz.de/10009483193
Cover Image
Chasing Maastricht: The Impact of the EMU on the Fiscal Performance of Member States
Busemeyer, Marius R. - In: European Integration online Papers (EIoP) 8 (2004) 07
This paper examines the impact of the Economic and Monetary Union (EMU) on the fiscal performance of EU member states …. I will show that the process towards EMU and the accompanying Stability and Growth Pact (SGP) have increased fiscal … constrained by the institutions of the SGP: During the period of accession, the threat of being excluded from the final stage of …
Persistent link: https://www.econbiz.de/10004969231
Cover Image
Fiscal federalism and a separate budget for the euro area
Ore̢ziak, Leokadia - In: International journal of management and economics 54 (2018) 2, pp. 85-98
increase the capacity of the area to cope with future economic and financial crises. The issue of a separate budget for this … area is of particular interest in this article. The idea of such a budget has recently become the subject of lively public …
Persistent link: https://www.econbiz.de/10012027105
Cover Image
The Treaty of Amsterdam
Petite, Michel - Jean Monnet Chair - 1997
Persistent link: https://www.econbiz.de/10008839254
Cover Image
Could the Stability and Growth Pact be Substituted by the Financial Markets?
Vyprachticka, Terezie - In: European Integration online Papers (EIoP) 15 (2011) 09
In the discussions on the need for fiscal rules and their usefulness in a monetary union, researchers have not agreed if financial markets have a sufficiently disciplining effect on governments, which would mean that the fiscal rules are not necessary. This paper investigates whether the...
Persistent link: https://www.econbiz.de/10009325373
Cover Image
Fiscal indiscipline and monetary policy in EMU : is there any need for a fiscal policy concerned ECB?
Foresti, Pasquale; Marani, Ugo - In: International journal of monetary economics and finance 6 (2013) 1, pp. 81-95
Persistent link: https://www.econbiz.de/10010250291
Cover Image
On deficits and symmetries in a fiscal capacity
Hebous, Shafik; Weichenrieder, Alfons J. - 2015
simultaneously ensure a balanced budget. We compute hypothetical transfers for the Eurozone members from 2001 to 2012 to illustrate …
Persistent link: https://www.econbiz.de/10011317727
Cover Image
Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
Cover Image
The Eastern Caribbean Currency Union; Would a Fiscal Insurance Mechanism Mitigate National Income Shocks?
Cashin, Paul; Lemus, Antonio - International Monetary Fund (IMF) - 2012
This paper studies the nature of the shocks affecting the Eastern Caribbean Currency Union (ECCU), and examines whether a hypothetical Eastern Caribbean fiscal insurance mechanism could insure member countries of the union against asymmetric national income shocks. The empirical results suggest...
Persistent link: https://www.econbiz.de/10009650615
Cover Image
Revenue for EMU : a contribution to the debate on fiscal union
Iara, Anna - 2015
Persistent link: https://www.econbiz.de/10011288445