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...

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Bibliographic Details
Main Author: Eyraud, Luc
Other Authors: Gaspar, Vitor, Poghosyan, Tigran
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/018
Online Access:Full text available on IMF