Thou Shalt Not Breach : The Impact on Sovereign Spreads of Noncomplying with the EU Fiscal Rules /

There is evidence that fiscal rules, in particular well-designed rules, are associated with lower sovereign spreads. However, the impact of noncompliance with fiscal rules on spreads has not been examined in the literature. This paper estimates the effect of the Excessive Deficit Procedure (EDP) on...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Diaz Kalan, Federico
Awduron Eraill: Popescu, Adina, Reynaud, Julien
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2018.
Cyfres:IMF Working Papers; Working Paper ; No. 2018/087
Mynediad Ar-lein:Full text available on IMF