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Fiscal Spending Rules in Europe

Author

Listed:
  • Bernhard Grossmann

    (Oesterreichische Nationalbank)

  • Eva Hauth

    (Oesterreichische Nationalbank)

  • Silvia Pop

    (Oesterreichische Nationalbank)

Abstract

A workshop on Fiscal Spending Rules hosted by the Austrian Government Debt Committee in cooperation with the Oesterreichische Nationalbank (OeNB) on September 29, 2005, explored two major issues: First, whether national fiscal rules that tie in with the EU fiscal framework can help sustain sound fiscal policies in Europe, and second, what aspects must be taken into consideration when designing such spending rules. Additionally, contributors presented two proposals for the implementation of fiscal spending rules in Austria.

Suggested Citation

  • Bernhard Grossmann & Eva Hauth & Silvia Pop, 2005. "Fiscal Spending Rules in Europe," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 82-88.
  • Handle: RePEc:onb:oenbmp:y:2005:i:4:b:6
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    File URL: https://www.oenb.at/dam/jcr:c6a64768-208e-4fb9-8d74-550ceca7965a/mop_2005_q4_highlights_2_tcm16-38194.pdf
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    More about this item

    Keywords

    public finance; fiscal policy; fiscal rules.;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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