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Empirical Studies on Public Debt and Fiscal Transfers

Reischmann, Markus Josef - 2016

This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...

Persistent link: https://www.econbiz.de/10011698353

The bail-out!: Positive political economics of Greek-type crises in the EMU

Fahrholz, Christian; Wojcik, Cezary - 2010

The Greek bail-out was highly controversial. An oft-heard assessment is that i) the bail-out was a mistake, ii) the political haggling over it was irrational and iii) the bail-out will create a moral hazard problem. Contrary to this view, our analysis suggests that, given EMU's present...

Persistent link: https://www.econbiz.de/10011430854

Chancen für einen stabilen Aufschwung. Jahresgutachten 2010/11

Bofinger, Peter; Franz, Wolfgang; Schmidt, Christoph M.; … - 2010

Persistent link: https://www.econbiz.de/10010314604

Vorschläge zur Reform der europäischen Fiskalregeln und Economic Governance

Dullien, Sebastian; Paetz, Christoph; Watt, Andrew; … - 2020

IMK plädiert dabei für eine Reform, die unter Berücksichtigung der Nachhaltigkeit der öffentlichen Schulden vor allem die … proposals for reforms to the rules. - The IMK advocates a reform focused on appropriate fiscal rules that promote short … Macroeconomic Imbalance Procedure should also be reformed at the same time. As a key part of such a reform, we advocate the …

Persistent link: https://www.econbiz.de/10012387320