Fiscal Politics in the Euro Area is popular PDF and ePub book, written by Luc Eyraud in 2017-01-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fiscal Politics in the Euro Area can be Read Online from any device for your convenience.
Fiscal Politics in the Euro Area Book PDF Summary
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.
Detail Book of Fiscal Politics in the Euro Area PDF
- Author : Luc Eyraud
- Release : 30 January 2017
- Publisher : International Monetary Fund
- ISBN : 9781475572919
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 8,9 Mb
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