Economics, Econometrics and Finance
4 years ago

European fiscal policies found sustainable, but national experiences vary widely.

2 views
RePEc: Research Papers in Economics
Sustainability of EU fiscal policies, a panel test
Peter Claeys

Paper Summary

The EU fiscal policy rule aims to ensure sustainable national fiscal policies within the EU. A study examined European fiscal policies from 1970-2001 using a budget constraint test. Results show that overall, European fiscal policy has been sustainable, but individual countries have had varying experiences.

Related papers

Economics, Econometrics and Finance
3 years ago

EU Faces Fiscal Crisis as COVID-19 Threatens Debt Sustainability.

Economic Recovery
Fiscal Policy
Development Assessment
3 views
Economics, Econometrics and Finance
4 years ago

Central government finances in India at risk due to falling revenue.

Fiscal Policy
Infrastructure Impact
Macroeconomic Analysis
1 view
Economics, Econometrics and Finance
4 years ago

European Economic Union Strengthens Fiscal Discipline for National Sustainability

Infrastructure Impact
Fiscal Policy
3 views