Fiscal Politics in the Euro Area PDF (Adobe DRM) download by Luc Eyraud

Fiscal Politics in the Euro Area

INTERNATIONAL MONETARY FUND
Publication date: February 2017
ISBN: 9781475578089
Digital Book format: PDF (Adobe DRM)

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This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget composition and poor compliance with fiscal rules in the euro area. Our analysis relies on real-time data for 19 countries participating in the euro area over 1999-2015. We look for, but do not find, conclusive evidence of bias in procedures in relation to country size. The paper also briefly reviews the literature on political economy factors and policy biases, and offers some reflections on the euro area architecture.
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Fiscal Politics in the Euro Area PDF (Adobe DRM) download by Luc Eyraud
INTERNATIONAL MONETARY FUND, February 2017
ISBN: 9781475578089
EAN:  9781475578089
PDF (Adobe DRM)
List Price: $9.00 eBook price: $6.99
Fiscal Politics in the Euro Area ePub (Adobe DRM) download by Luc Eyraud
INTERNATIONAL MONETARY FUND, February 2017
ISBN: 9781475578034
EAN:  9781475578034
ePub (Adobe DRM)
List Price: $9.00 eBook price: $6.99
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