IDEAS home Printed from https://ideas.repec.org/a/bla/metroe/v71y2020i2p316-332.html
   My bibliography  Save this article

Fiscal rule compliance, poverty and social exclusion in the Eurozone

Author

Listed:
  • Mariangela Bonasia
  • Rosaria Rita Canale
  • Salvatore Capasso
  • Marcella D’Uva

Abstract

This paper develops a simple model of the effects of fiscal adjustments on poverty. Our theory suggests that in richer countries the effects of fiscal adjustment are stronger the more complex is the poverty measure. By examining a panel of 16 EU countries in the period 2005–2015, the paper finds that structural public balance adjustments may harm the welfare of poorer individuals. The empirical estimation hinges on a comprehensive index of poverty and social exclusion, the AROPE index. The results suggest that rigid fiscal rules require specific alternative policies to sustain the welfare of poorer individuals during downturns.

Suggested Citation

  • Mariangela Bonasia & Rosaria Rita Canale & Salvatore Capasso & Marcella D’Uva, 2020. "Fiscal rule compliance, poverty and social exclusion in the Eurozone," Metroeconomica, Wiley Blackwell, vol. 71(2), pages 316-332, May.
    • Handle: RePEc:bla:metroe:v:71:y:2020:i:2:p:316-332
    DOI: 10.1111/meca.12274
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/meca.12274
    Download Restriction: no
    File URL: https://libkey.io/10.1111/meca.12274?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:metroe:v:71:y:2020:i:2:p:316-332. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0026-1386 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.