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Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making-Processes Author info | Abstract | Publisher info | Download info | Related research | Statistics Lars Calmfors
Giancarlo Corsetti
John Flemming
Seppo Honkapohja
John Kay
Willi Leibfritz
Gilles Saint-Paul
Hans-Werner Sinn ()
Xavier Vives
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This chapter analyses the role of fiscal policy as a tool of macroeconomic stabilisation and proposes changes in the EU fiscal rules with the aim of making them more flexible while at the same time maintaining fiscal discipline.
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Article provided by CESifo Group Munich in its journal EEAG Report on the European Economy .
Volume (Year): (2003)
Issue (Month): (05)
Pages: 46-75
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Handle: RePEc:ces:eeagre:v::y:2003:i::p:46-75Contact details of provider: Postal: Poschingerstrasse 5, 81679 Munich, Germany Phone: +49 (89) 9224-0 Fax: +49 (89) 985369 Email: Web page: http://www.cesifo-group.de More information through EDIRC
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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IMF Occasional Papers
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Fatas, Antonio & Mihov, Ilian, 2001.
"Government size and automatic stabilizers: international and intranational evidence ,"
Journal of International Economics ,
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Other versions: Balassone, F. & Manacelli, D., 2000.
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CEPR Discussion Papers
3692, C.E.P.R. Discussion Papers.
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John B. Taylor, 2000.
"Reassessing Discretionary Fiscal Policy ,"
Journal of Economic Perspectives ,
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Michael Kell, 2001.
"An Assessment of Fiscal Rules in the United Kingdom ,"
IMF Working Papers
01/91, International Monetary Fund.
[Downloadable!]
Willi Leibfritz & Deborah Roseveare & Paul van den Noord, 1994.
"Fiscal Policy, Government Debt and Economic Performance ,"
OECD Economics Department Working Papers
144, OECD, Economics Department.
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Calmfors, Lars, 1998.
"Macroeconomic Policy, Wage Setting and Employment - What Difference Does the EMU Make? ,"
Seminar Papers
657, Stockholm University, Institute for International Economic Studies.
[Downloadable!]
Barry Eichengreen & Ricardo Hausmann & Jürgen Von Hagen, 1999.
"Reforming Budgetary Institutions in Latin America: The Case for a National Fiscal Council ,"
Open Economies Review ,
Springer, vol. 10(4), pages 415-442, October.
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Johansson, Åsa, 2002.
"The Interaction Between Labor Market Policy and Monetary Policy: An Analysis of Time Inconsistency Problems ,"
Seminar Papers
708, Stockholm University, Institute for International Economic Studies.
[Downloadable!]
Alesina, A. & Perotti, R., 1995.
"Fiscal Expansions and Adjustments in OECD Countries ,"
Discussion Papers
1995_25, Columbia University, Department of Economics.
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