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Fiscal consolidations and banking stability [PDF]

open access: possible, 2012
We empirically investigate the effects of fiscal policy on bank balance sheets, focusing on episodes of fiscal consolidation. To this aim, we employ a very rich data set of individual banks' balance sheets, combined with a newly compiled data set on fiscal consolidations.
Jacopo Cimadomo   +2 more
openaire   +1 more source

Fiscal consolidation in heavily indebted economies

Journal of Economic Dynamics and Control, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +1 more source

Fiscal Policy and Consolidation

2013
The implementation of fiscal policies in the Eurozone and the European Union (EU) is critically restrained by: (a) The lack of effectiveness of collective bodies (i.e., there is no single governance or single legislature, and there are many levels of decisions). (b) The dominance of national economic policies.
Panagiotis E. Petrakis   +2 more
openaire   +1 more source

Strategies for Fiscal Consolidation

2008
Japan’s key fiscal challenge is to put public finances on a more sustainable footing. Large government budget deficits have boosted Japan’s net public debt to over 85 percent of GDP, one of the highest in the Organization for Economic Cooperation and Development (OECD) (Figure 4.1).
Dennis Botman   +2 more
openaire   +1 more source

Fiscal Consolidation Without EMU

2000
As discussed in the last section, the relevance of interest and exchange rate impulses can be studied under various alternative scenarios. One of the possible extensions of the analysis is the introduction of fiscal consolidation (or retrenchment) policies as prescribed by the Maastricht Treaty, i.e.
openaire   +1 more source

Fiscal consolidations

SSRN Electronic Journal, 2021
openaire   +1 more source

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