The Risks of Adopting the Bond Yield as the Anchor for the EU Fiscal Framework
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More about this item
Keywords
Fiscal framework; European Union; ECB; Stability and Growth Pact; secular stagnation; modern monetary theory; government debt; fiscal policy;All these keywords.
JEL classification:
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EEC-2022-02-14 (European Economics)
- NEP-HIS-2022-02-14 (Business, Economic and Financial History)
- NEP-MAC-2022-02-14 (Macroeconomics)
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