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Towards a new policy mix in the euro area ?

Author

Listed:
  • P. Butzen
  • S. Cheliout
  • N. Cordemans
  • E. De Prest
  • W. Melyn
  • L. Van Meensel
  • S. Van Parys

Abstract

Along with monetary policy, fiscal automatic stabilisers remain the most appropriate economic stabilising instruments, but discretionary counter-cyclical fiscal policy has a role to play too, especially in the event of a sharp economic slowdown.

Suggested Citation

  • P. Butzen & S. Cheliout & N. Cordemans & E. De Prest & W. Melyn & L. Van Meensel & S. Van Parys, 2017. "Towards a new policy mix in the euro area ?," Economic Review, National Bank of Belgium, issue iii, pages 63-91, December.
    • Handle: RePEc:nbb:ecrart:y:2017:m:december:i:iii:p:63-91
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    References listed on IDEAS

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