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...

Popoln opis

Bibliografske podrobnosti
Glavni avtor: Eyraud, Luc
Drugi avtorji: Gaspar, Vitor, Poghosyan, Tigran
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2017.
Serija:IMF Working Papers; Working Paper ; No. 2017/018
Online dostop:Full text available on IMF