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Reconciling Insurance with Market Discipline: A Blueprint for a European Fiscal Union
Social Science Research Network, 2015 This contribution develops a blueprint for a European fiscal union. We argue that a viable European fiscal union can be constructed without joint liability for public debt or a centralized government with a large common budget. Such a fiscal union should
Mathias Dolls +3 more
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United we stand: on the macroeconomics of a Fiscal union
Empirica, 2016 In this paper, we apply dynamic tracking games to macroeconomic policy making in a monetary union. We use a small stylized nonlinear two-country macroeconomic model of a monetary union for analyzing the interactions between two fiscal (governments: “core”
R. Neck, D. Blueschke
semanticscholar +1 more source
FISCAL FEDERALISM AND FISCAL DECENTRALIZATION IN AN ENLARGED EUROPEAN UNION [PDF]
Annals of the University of Oradea: Economic Science, 2010 Fiscal competition and tax harmonisation are two of the main current issues in the enlarged European Union. Achieving these goals and thus improving the EU economic governance is partially dependent by the way we understand and practice the so-called ...
Oprea Florin
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Czy unia fiskalna w obrębie Unii Europejskiej jest możliwa – wnioski z kryzysu
Management and Business Administration. Central Europe, 2013 Purpose: The purpose of the article is to find an answer to the question whether the European Union, and especially the countries that are full members of the Economic and Monetary Union, are able to reach a common solution in fiscal policy, which may ...
Katarzyna Stabryła-Chudzio
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Fiscal Sustainability in Flow Model: Panel Cointegration Approach for the EU-28 [PDF]
Ovidius University Annals: Economic Sciences Series, 2019 This paper assesses fiscal sustainability in 28 European Union economies in the period 1995- 2018, using panel cointegration analysis for fiscal sustainability testing.
Radmila Dragutinović Mitrović +2 more
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Designing a fiscal union for the euro area
Ekonomia i Prawo, 2017 Motivation: Fiscal integration constitutes an important adjustment mechanism to cope with asymmetric shocks within a monetary union which does not fulfil many criteria of an optimal currency area.
Magdalena Kąkol
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COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES [PDF]
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, 2019 Although fiscal harmonization with regard to indirect taxation has been achieved right from the beginning of the European Union, as regards direct taxation, Member States have much more freedom of decision, which leads to the diversity of tax systems and
Delia IANCU
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Capital Markets Union in Europe: Why Other Unions Must Lead the Way
Swiss Journal of Economics and Statistics, 2016 Summary Government bond markets in the Euro Area are highly fragmented causing further fragmentation in bond and equity markets. Capital Markets Union with fully integrated capital markets across member countries can only work when the status of member ...
Viral V. Acharya, Sascha Steffen
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The European Union between monetary and fiscal union [PDF]
Ekonomika preduzeca, 2012 The aim of the paper is to point out the important issues of functioning of the European Union since its foundation, which are further complicated by global economic and financial crisis. In elaboration of problems, relevant studies and articles, documents of the European Union were used, as well as reports and publications (national and international).
Aleksandra Nikolic +2 more
openaire +1 more source
Institutional framework of the new economic governance in the European Union (European semester) [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2014 The subject of analysis in this paper is the institutional framework of the new economic governance in the European Union that has arisen as response of the member countries to the consequences of the global economic and financial crisis.
Dimitrijević Marko
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