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...
Auteur principal: | |
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Autres auteurs: | , , |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2018.
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Collection: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2018/003 |
Accès en ligne: | Full text available on IMF |