Titre | European fiscal rules after the crisis | |
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Auteur | Jérôme Creel, Francesco Saraceno | |
Revue | Journal of Innovation Economics | |
Numéro | no 6, 2010 The Global Crisis and Financing Strategies | |
Page | 95 | |
Résumé anglais |
The main purpose of this note is to question the relevance of trying to strengthen a fiscal framework which has been ineffective over the years; doing so, we compare the SGP with a possible alternative, a golden rule of public finance. We take the classification proposed by Kopits and Symansky (1998) as a benchmark. Our assessment shows that a golden rule would be superior to the actual EU fiscal framework. A counterfactual experiment does not contradict this outcome.JEL codes: E61, H30, H60, H70 Source : Éditeur (via Cairn.info) |
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Article en ligne | http://www.cairn.info/article.php?ID_ARTICLE=JIE_006_0095 |