Arbeitspapier
The End of the Stability and Growth Pact?
This paper evaluates the Stability and Growth Pact. After examining the rules in place and the experience so far, the Pact is analysed from a political economy perspective, focusing on the choice for so-called soft law and drawing inferences from characteristics of successful fiscal rules at the state level in the United States. It is also examined whether big and small countries are likely to adhere to fiscal policy rules in place. Furthermore, the impact of the business cycle on fiscal policy outcomes is analysed. Finally, the proposals of the European Commission to strengthen the Pact are discussed.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1093
- Klassifikation
-
Wirtschaft
- Thema
-
Stability and Growth Pact
EMU
budget discipline
- Ereignis
-
Geistige Schöpfung
- (wer)
-
de Haan, Jakob
Berger, Helge
Jansen, David-Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- de Haan, Jakob
- Berger, Helge
- Jansen, David-Jan
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003
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