Fiscal adjustment in Greece: In search for sustainable public finances

Arbeitspapier

This paper analyses Greek fiscal sustainability from a retrospective and a prospective view. Implications of Greek fiscal (un)sustainability are discussed. In the empirical analysis econometric testing of Greek government solvency during the period 1985-2008 is combined with a scenario analysis of budgetary adjustments during the period 2011-2030 under alternative hypotheses.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 11-080

Classification and Topics

• Classification: Wirtschaft ; Foreign Exchange ; Open Economy Macroeconomics ; International Financial Markets
• Subject: Greece ; euro area ; fiscal policy ; policy rules ; fiscal sustainability ; Finanzpolitik ; Nachhaltigkeit ; Eurozone ; Griechenland ; Regelgebundene Politik ; Griechenland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): van Aarle, Bas ; Kappler, Marcus
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/54967
• Last update: 10.03.2025, 11:43 AM CET