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...

Повний опис

Бібліографічні деталі
Автор: Eyraud, Luc
Інші автори: Gaspar, Vitor, Poghosyan, Tigran
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2017.
Серія:IMF Working Papers; Working Paper ; No. 2017/018
Онлайн доступ:Full text available on IMF