Fiscal Politics in the Euro Area /

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, conclusi...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Eyraud, Luc
Weitere Verfasser: Gaspar, Vitor, Poghosyan, Tigran
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/018
Online Zugang:Full text available on IMF