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...

Полное описание

Библиографические подробности
Главный автор: Eyraud, Luc
Другие авторы: Gaspar, Vitor, Poghosyan, Tigran
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/018
Online-ссылка:Full text available on IMF