A Central Fiscal Stabilization Capacity for the Euro Area /

A Central Fiscal Stabilization Capacity for the Euro Area /

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic stabilization fund financed by annual contributions from countries that are used to build up assets in good t...

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Dades bibliogràfiques
Autor principal:	Arnold, Nathaniel
Altres autors:	Barkbu, Bergljot, Ture, H. Elif, Wang, Hou
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2018.
Col·lecció:	Staff Discussion Notes; Staff Discussion Notes ; No. 2018/003
Accés en línia:	Full text available on IMF

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