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EMU fiscal indicators: a misleading compass?

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Author Info
Fabrizio Balassone ()
Daniele Franco
Stefania Zotteri

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Abstract

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File URL: http://hdl.handle.net/10.1007/s10663-006-9008-x
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Publisher Info
Article provided by Springer in its journal Empirica.

Volume (Year): 33 (2006)
Issue (Month): 2 (June)
Pages: 63-87
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Handle: RePEc:kap:empiri:v:33:y:2006:i:2:p:63-87

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Related research
Keywords: EMU; Fiscal rules; Fiscal indicators; H60; H62; H63;

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.:

  1. George Kopits & Steven A. Symansky, 1998. "Fiscal Policy Rules," IMF Occasional Papers 162, International Monetary Fund.
  2. Kenji Moriyama & Gian Maria Milesi-Ferretti, 2004. "Fiscal Adjustment in EU Countries: A Balance Sheet Approach," IMF Working Papers 04/143, International Monetary Fund. [Downloadable!]
    Other versions:
  3. Charles Wyplosz, 2002. "Fiscal Policy: Institutions vs. Rules," HEI Working Papers 03-2002, Economics Section, The Graduate Institute of International Studies. [Downloadable!]
  4. Buti, Marco & Eijffinger, Sylvester C W & Franco, Daniele, 2003. "Revisiting the Stability and Growth Pact: Grand Design or Internal Adjustment?," CEPR Discussion Papers 3692, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  5. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts - A Meaningful Alternative to Deficit Accounting," NBER Working Papers 3589, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Blejer, Mario I & Cheasty, Adrienne, 1991. "The Measurement of Fiscal Deficits: Analytical and Methodological Issues," Journal of Economic Literature, American Economic Association, vol. 29(4), pages 1644-78, December. [Downloadable!] (restricted)
  7. George Kopits, 2001. "Fiscal Rules: Useful Policy Framework or Unnecessary Ornament?," IMF Working Papers 01/145, International Monetary Fund. [Downloadable!]
  8. Rolf Strauch & Mark Hallerberg & Jürgen von Hagen, 2004. "Budgetary Forecasts in Europe – The Track Record of Stability and Convergence Programmes," Economic Working Papers at Centro de Estudios Andaluces E2004/42, Centro de Estudios Andaluces. [Downloadable!]
    Other versions:
  9. Vincent Koen & Paul van den Noord, 2005. "Fiscal Gimmickry in Europe: One-Off Measures and Creative Accounting," OECD Economics Department Working Papers 417, OECD, Economics Department. [Downloadable!]
  10. J. D. Craig & George Kopits, 1998. "Transparency in Government Operations," IMF Occasional Papers 158, International Monetary Fund.
  11. Olivier Jean Blanchard, 1990. "Suggestions for a New Set of Fiscal Indicators," OECD Economics Department Working Papers 79, OECD, Economics Department. [Downloadable!]
  12. M. Cangiano, 1996. "Accountability and Transparency in the Public Sector - The New Zealand Experience," IMF Working Papers 96/122, International Monetary Fund.
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Cited by:
(explanations, 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.)

  1. Buti, Marco & Martins, Joao Nogueira & Turrini, Alessandro Antonio, 2006. "From Deficits to Debt and Back: Political Incentives under Numerical Fiscal Rules," CEPR Discussion Papers 5809, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Jürgen von Hagen & Guntram B. Wolff, 2006. "What do deficits tell us about debt? Empirical evidence on creative accounting with fiscal rules in the EU," Discussion Papers 148, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
    Other versions:
  3. Fabrizio Balassone & Daniele Franco & Stefania Zotteri, 2007. "The Reliability of EMU FIscal Indicators: Risks and Safeguards," Temi di discussione (Economic working papers) 633, Bank of Italy, Economic Research Department. [Downloadable!]
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