Article in Journal
Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making-Processes
Lars Calmfors, Giancarlo Corsetti, John Flemming, Seppo Honkapohja, John Kay, Willi Leibfritz, Gilles Saint-Paul, Hans-Werner Sinn, Xavier Vives
Ifo Institute for Economic Research, Munich, 2003
in: EEAG European Economic Advisory Group at CESifo: Report on the European Economy 2003, 46-75
Ifo Institute for Economic Research, Munich, 2003
in: EEAG European Economic Advisory Group at CESifo: Report on the European Economy 2003, 46-75
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.
Included in
EEAG European Economic Advisory Group at CESifo: Report on the European Economy 2003
Lars Calmfors, Giancarlo Corsetti, John Flemming, Seppo Honkapohja, John Kay, Willi Leibfritz, Gilles Saint-Paul, Hans-Werner Sinn, Xavier Vives
Ifo Institute for Economic Research, Munich, 2003
Ifo Institute for Economic Research, Munich, 2003