Fiscal Transfers and Structural Reforms in the European Monetary Union
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jean, HINDRIKS & Susana , PERALTA & Sholmo , WEBER, 2005.
"Fiscal competition, revenue sharing, and policy-induced agglomeration,"
Discussion Papers (ECON - Département des Sciences Economiques)
2005062, Université catholique de Louvain, Département des Sciences Economiques.
- HINDRIKS, Jean & PERALTA, Susana & WEBER, Shlomo, 2005. "Fiscal competition, revenue sharing, and policy-induced agglomeration," LIDAM Discussion Papers CORE 2005093, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Jan in 't Veld, 2007. "The potential impact of the fiscal transfers under the EU Cohesion Policy Programme," European Economy - Economic Papers 2008 - 2015 283, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Romain Duval & Jørgen Elmeskov, 2005.
"The Effects of EMU on Structural Reforms in Labour and Product Markets,"
OECD Economics Department Working Papers
438, OECD Publishing.
- Duval, Romain & Elmeskov, Jørgen, 2006. "The effects of EMU on structural reforms in labour and product markets," Working Paper Series 596, European Central Bank.
- Lars Ljungqvist & Thomas J. Sargent, 1998.
"The European Unemployment Dilemma,"
Journal of Political Economy, University of Chicago Press, vol. 106(3), pages 514-550, June.
- Lars Ljungqvist & Thomas J. Sargent, 1995. "The European unemployment dilemma," Working Paper Series, Macroeconomic Issues 95-17, Federal Reserve Bank of Chicago.
- Lars Ljungqvist & Thomas J. Sargent, 1996. "The European Unemployment Dilemma," EUI-RSCAS Working Papers 36, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
- Ljungqvist, Lars & Sargent, Thomas J., 1997. "The European Unemployment Dilemma," SSE/EFI Working Paper Series in Economics and Finance 178, Stockholm School of Economics.
- Ljungqvist, Lars & Sargent, Thomas J., 1997. "The European Unemployment Dilemma," Working Paper Series 481, Research Institute of Industrial Economics.
- Ansgar Belke & Bernhard Herz & Lukas Vogel, 2006. "Beyond Trade – Is Reform Effort Affected by the Exchange Rate Regime? A Panel Analysis for the World versus OECD Countries," Economie Internationale, CEPII research center, issue 107, pages 29-58.
- Gilles Saint-Paul, 2004.
"Why are European Countries Diverging in their Unemployment Experience?,"
Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 49-68, Fall.
- Saint-Paul, Gilles, 2004. "Why Are European Countries Diverging in Their Unemployment Experience?," IZA Discussion Papers 1066, Institute of Labor Economics (IZA).
- Saint-Paul, Gilles, 2004. "Why are European Countries Diverging in their Unemployment Experience?," CEPR Discussion Papers 4328, C.E.P.R. Discussion Papers.
- Saint-Paul, Gilles, 2004. "Why are European Countries Diverging in their Unemployment Experience?," IDEI Working Papers 269, Institut d'Économie Industrielle (IDEI), Toulouse.
- Hsieh, Chang-Tai, 2000. "Bargaining over reform," European Economic Review, Elsevier, vol. 44(9), pages 1659-1676, October.
- Lorenzo Codogno & Carlo Favero & Alessandro Missale, 2003. "Yield spreads on EMU government bonds [‘Fiscal policy events and interest rate swap spreads: some evidence from the EU’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(37), pages 503-532.
- Jürgen von Hagen & Charles Wyplosz, 2008. "EMU's Decentralized System of Fiscal Policy," European Economy - Economic Papers 2008 - 2015 306, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009.
"Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness,"
Discussion Papers of DIW Berlin
895, DIW Berlin, German Institute for Economic Research.
- Zemanek, Holger & Belke, Ansgar H. & Schnabl, Gunther, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," IZA Policy Papers 7, Institute of Labor Economics (IZA).
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," CESifo Working Paper Series 2639, CESifo.
- Dani Rodrik, 1996. "Understanding Economic Policy Reform," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 9-41, March.
- J. A. Mirrlees, 1999. "The Theory of Moral Hazard and Unobservable Behaviour: Part I," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 3-21.
- Thomas Fester & Helmut Seitz, 2005. "Öffentliche Infrastruktur und kommunale Finanzen," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(02), pages 19-32, 04.
- Salvador Barrios & Per Iversen & Magdalena Lewandowska & Ralph Setzer, 2009. "Determinants of intra-euro area government bond spreads during the financial crisis," European Economy - Economic Papers 2008 - 2015 388, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Torój, Andrzej & Bednarek, Elżbieta & Bęza-Bojanowska, Joanna & Osińska, Joanna & Waćko, Katarzyna & Witkowski, Dariusz, 2012. "EMU: the (post-)crisis perspective. Literature survey and implications for the euro-candidates," MF Working Papers 12, Ministry of Finance in Poland, revised 06 Mar 2012.
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2010.
"Current account balances and structural adjustment in the euro area,"
International Economics and Economic Policy, Springer, vol. 7(1), pages 83-127, May.
- Zemanek, Holger & Belke, Ansgar & Schnabl, Gunther, 2010. "Current Account Balances and Structural Adjustment in the Euro Area," Ruhr Economic Papers 176, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Perego, Erica, 2020.
"Sovereign risk and asset market dynamics in the euro area,"
Journal of International Money and Finance, Elsevier, vol. 109(C).
- Erica Perego, 2018. "Sovereign risk and asset market dynamics in the euro area," Documents de recherche 18-01, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Erica Perego, 2018. "Sovereign Risk and Asset Market Dynamics in the Euro Area," Working Papers 2018-18, CEPII research center.
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009.
"Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness,"
Discussion Papers of DIW Berlin
895, DIW Berlin, German Institute for Economic Research.
- Zemanek, Holger & Belke, Ansgar H. & Schnabl, Gunther, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," IZA Policy Papers 7, Institute of Labor Economics (IZA).
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," CESifo Working Paper Series 2639, CESifo.
- Jac C. Heckelman & Stephen Knack, 2008.
"Foreign Aid and Market‐Liberalizing Reform,"
Economica, London School of Economics and Political Science, vol. 75(299), pages 524-548, August.
- Heckelman, Jac & Knack, Stephen, 2005. "Foreign aid and market-liberalizing reform," Policy Research Working Paper Series 3557, The World Bank.
- Pitlik, Hans & Wirth, Steffen, 2003. "Do crises promote the extent of economic liberalization?: an empirical test," European Journal of Political Economy, Elsevier, vol. 19(3), pages 565-581, September.
- Elisabetta Croci Angelini & Francesco Farina & Enzo Valentini, 2016.
"Contagion across Eurozone’s sovereign spreads and the Core-Periphery divide,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 43(1), pages 197-213, February.
- Elisabetta Croci Angelini & Francesco Farina & Enzo Valentini, 2014. "Contagion across Eurozone's sovereign spreads and the Core-Periphery divide," Working Papers 45-2014, Macerata University, Department of Studies on Economic Development (DiSSE), revised Jan 2015.
- Marco Buti & Werner Rüger & Alessandro Turrini, 2009.
"Is Lisbon Far from Maastricht? Trade-offs and Complementarities between Fiscal Discipline and Structural Reforms,"
CESifo Economic Studies, CESifo Group, vol. 55(1), pages 165-196, March.
- Turrini, Alessandro & Buti, Marco & ,, 2007. "Is Lisbon far from Maastricht? Trade-offs and Complementarities between Fiscal Discipline and Structural Reforms," CEPR Discussion Papers 6204, C.E.P.R. Discussion Papers.
- Benedetta Bianchi, 2016. "Sovereign Risk Premia and the International Balance Sheet: Lessons from the European Crisis," Open Economies Review, Springer, vol. 27(3), pages 471-493, July.
- Ejsing, Jacob & Lemke, Wolfgang, 2011. "The Janus-headed salvation: Sovereign and bank credit risk premia during 2008-2009," Economics Letters, Elsevier, vol. 110(1), pages 28-31, January.
- Arghyrou, Michael G. & Kontonikas, Alexandros, 2012.
"The EMU sovereign-debt crisis: Fundamentals, expectations and contagion,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 22(4), pages 658-677.
- Arghyrou, Michael G & Kontonikas, Alexandros, 2010. "The EMU sovereign-debt crisis: Fundamentals, expectations and contagion," Cardiff Economics Working Papers E2010/9, Cardiff University, Cardiff Business School, Economics Section.
- Arghyrou, Michael G. & Kontonikas, Alexandros, 2011. "The EMU sovereign-debt crisis: fundamentals, expectations and contagion," SIRE Focus Papers 2011-01, Scottish Institute for Research in Economics (SIRE).
- Michael G. Arghyrou & Alexandros Kontonikas, 2011. "The EMU sovereign-debt crisis: Fundamentals, expectations and contagion," European Economy - Economic Papers 2008 - 2015 436, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Michael G. Arghyrou & Alexandros Kontonikas, 2010. "The EMU sovereign-debt crisis: Fundamentals, expectations and contagion," Working Papers 2010_25, Business School - Economics, University of Glasgow.
- Arghyrou, Michael G. & Kontonikas, Alexandros, 2010. "The EMU sovereign-debt crisis: Fundamentals, expectations and contagion," SIRE Discussion Papers 2010-81, Scottish Institute for Research in Economics (SIRE).
- repec:hal:wpspec:info:hdl:2441/5101 is not listed on IDEAS
- Bernoth, Kerstin & Erdogan, Burcu, 2012.
"Sovereign bond yield spreads: A time-varying coefficient approach,"
Journal of International Money and Finance, Elsevier, vol. 31(3), pages 639-656.
- Kerstin Bernoth & Burcu Erdogan, 2010. "Sovereign Bond Yield Spreads: A Time-Varying Coefficient Approach," Discussion Papers of DIW Berlin 1078, DIW Berlin, German Institute for Economic Research.
- Bernoth, Kerstin & Erdogan, Burcu, 2010. "Sovereign bond yield spreads: a time-varying coefficient approach," Discussion Papers 289, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
- Hoffmann Andreas, 2013.
"The Euro as a Proxy for the Classical Gold Standard? Government Debt Financing and Political Commitment in Historical Perspective,"
Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 19(1), pages 41-61, November.
- Hoffmann, Andreas, 2013. "The euro as a proxy for the classical gold standard? Government debt financing and political commitment in historical perspective," Working Papers 119, University of Leipzig, Faculty of Economics and Management Science.
- Luciano Greco & Francesco Jacopo Pintus & Davide Raggi, 2023.
"When Fiscal Discipline meets Macroeconomic Stability: the Euro-stability Bond,"
"Marco Fanno" Working Papers
0300, Dipartimento di Scienze Economiche "Marco Fanno".
- Luciano Greco & Francesco J. Pintus & Davide Raggi, 2023. "When Fiscal Discipline meets Macroeconomic Stability: the Euro-stability Bond," Working Papers 2023:11, Department of Economics, University of Venice "Ca' Foscari".
- Agnello, Luca & Castro, Vitor & Jalles, João Tovar & Sousa, Ricardo M., 2015. "What determines the likelihood of structural reforms?," European Journal of Political Economy, Elsevier, vol. 37(C), pages 129-145.
- Martinelli, Cesar & Escorza, Raul, 2007.
"When are stabilizations delayed? Alesina-Drazen revisited,"
European Economic Review, Elsevier, vol. 51(5), pages 1223-1245, July.
- Cesar Martinelli & Raul Escorza, 2004. "When Are Stabilizations Delayed? Alesina-Drazen Revisited," Working Papers 0408, Centro de Investigacion Economica, ITAM.
- César Martinelli & Raúl Escorza, 2005. "When Are Stabilizations Delayed? Alesina-Drazen Revisited," Levine's Bibliography 122247000000000667, UCLA Department of Economics.
- Antonio Di Cesare & Giuseppe Grande & Michele Manna & Marco Taboga, 2012. "Recent estimates of sovereign risk premia for euro-area countries," Questioni di Economia e Finanza (Occasional Papers) 128, Bank of Italy, Economic Research and International Relations Area.
- Belke, Ansgar & Gros, Daniel, 2017.
"Optimal adjustment paths in a monetary union,"
Economic Modelling, Elsevier, vol. 67(C), pages 338-345.
- Ansgar Belke & Daniel Gros, 2016. "Optimal adjustment paths in a monetary union," ROME Working Papers 201604, ROME Network.
- Belke, Ansgar & Gros, Daniel, 2016. "Optimal adjustment paths in a monetary union," Ruhr Economic Papers 623, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Ansgar Belke & Daniel Gros, 2017. "Optimal Adjustment Paths in a Monetary Union," ROME Working Papers 201710, ROME Network.
- Theocharis Grigoriadis & Friedrich Heinemann, 2013. "Origins of Reform Resistance and the Southern European Regime. WWWforEurope Working Paper No. 20," WIFO Studies, WIFO, number 46881.
- Matthias Bauer & Martin Zenker, 2012. "Market Discipline Under A Politicised Multilateral Fiscal Rule - Lessons from the Stability and Growth Pact Debate," Global Financial Markets Working Paper Series 2012-35, Friedrich-Schiller-University Jena.
More about this item
Keywords
Fiscal Transfers Systems; Structural reforms; Principal-Agent Model; European Monetary Union; EU Taxation;All these keywords.
JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:19357. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.