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Evaluación del efecto estabilizador del presupuesto español y propuestas de estabilización fiscal para la Unión Monetaria Europea

Author

Listed:
  • Javier Capó Parrilla

    (Universitat de les Illes Balears)

  • Xisco Oliver Rullán

    (Universitat de les Illes Balears)

Abstract

El propósito del trabajo es aportar elementos de juicio al debate sobre la conveniencia de introducir algún mecanismo fiscal que permita a las regiones integradas en la Unión Monetaria Europea (UME) afrontar las perturbaciones asimétricas. Para ello, en primer lugar, hemos evaluado la función estabilizadora del presupuesto español. Los resultados obtenidos evidencian la escasa relevancia económica de la función estabilizadora del presupuesto español. En segundo lugar, proponemos un mecanismo de estabilización a nivel federal para la UME destinado a compensar las perturbaciones asimétricas de las regiones integradas. Por último, planteamos un mecanismo de estabilización a nivel regional basado en un comportamiento contracíclico de la inversión pública. Classification-JEL : E62, E63, F42.

Suggested Citation

  • Javier Capó Parrilla & Xisco Oliver Rullán, 2002. "Evaluación del efecto estabilizador del presupuesto español y propuestas de estabilización fiscal para la Unión Monetaria Europea," Hacienda Pública Española / Review of Public Economics, IEF, vol. 162(3), pages 35-60, September.
    • Handle: RePEc:hpe:journl:y:2002:v:162:i:3:p:35-60
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    References listed on IDEAS

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    Cited by:

    1. Arturo Melián-González, 2021. "The Expenditure Rule in the Spanish Organic Law on Budgetary Stability and Financial Sustainability and its Impact on the Autonomous Communities," Hacienda Pública Española / Review of Public Economics, IEF, vol. 237(2), pages 57-84, June.

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    More about this item

    Keywords

    política fiscal; unión monetaria; estabilización y función aseguradora de la política fiscal.;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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