Fiscal Behaviour in the European Union: Rules, Fiscal Decentralization and Government Indebtedness [PDF]
We assess the fiscal behaviour in the European Union countries for the period 1990- 2005 via the responsiveness of budget balances to several determinants.
Cândida Ferreira
core
Do Fiscal Rules Cause Fiscal Discipline Over the Electoral Cycle? [PDF]
, 2019 Kodjovi Eklou, Marcelin Joanis
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Fiscal and Monetary Interaction: The Role of Asymmetries of the Stability and Growth Pact in EMU [PDF]
The paper builds a simplified model describing the economy of a currency union with decentralised national fiscal policy, where the main features characterising the policy-making are similar to those in EMU.
Matteo Governatori, Sylvester Eijffinger
core
Revisiting the Stability and Growth Pact: grand design or internal adjustment? [PDF]
The Stability and Growth Pact is under fire. Problems have appeared in sticking to the rules. Proposals to reform the Pact or ditch it altogether abound. But is the Pact a flawed fiscal rule?
Daniele Franco +2 more
core
Back to the Future: Fiscal Rules for Regaining Sustainability
, 2019 Serhan Cevik
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Insulation Impossible : Fiscal Spillovers in a Monetary Union [PDF]
This paper studies the effects of monetary policy rules in a fiscal federation, such as the European Union. The focus of the analysis is the interaction between the fiscal policy of member countries (regions) and the monetary authority.
Dan Peled, Hubert Kempf, Russell Cooper
core
Insulation impossible: monetary policy and regional fiscal spillovers in a federation [PDF]
This paper studies the effects of monetary policy rules in a fiscal federation, such as the European Union. The focus of the analysis is the interaction between the fiscal policy of member countries (regions) and the monetary authority.
Cooper, R., Kempf, H., Peled, D.
core
Monetary rules and the spillover of regional fiscal policies in a federation. [PDF]
This paper studies the effects of monetary policy rules in a fiscal federation, such as the European Union. The focus of the analysis is the interaction between the fiscal policy of member countries (regions) and the monetary authority.
Cooper, R., Kempf, H., Peled, D.
core
The elusive costs and the immaterial gains of fiscal contraints [PDF]
We study whether and how fiscal restrictions alter the business cycle features macrovariables for a sample of 48 US states. We also examine the 'typical' transmission properties of fiscal disturbances and the implied fiscal rules of states with different
Evi Pappa, Fabio Canova
core
What are the Consequences of the New Fiscal Rule of Korea?
, 2021 Joonyoung Hur, Kang Koo Lee
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