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Budgeetary Policies during Recessions : Retrospective Application of the Stability and Growth Pact” to the Post-War Period

Citations

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Cited by:

  1. Fabrizio Balassone & Sara Cecchetti & Martina Cecioni & Marika Cioffi & Wanda Cornacchia & Flavia Corneli & Gabriele Semeraro, 2018. "Economic governance in the euro area: balancing risk reduction and risk sharing," Chapters, in: Giuseppe Eusepi & Richard E. Wagner (ed.), Debt Default and Democracy, chapter 7, pages 124-154, Edward Elgar Publishing.
  2. Dury, Karen & Pina, Alvaro M., 2003. "Fiscal policy in EMU: simulating the operation of the Stability Pact," Journal of Policy Modeling, Elsevier, vol. 25(2), pages 179-206, February.
  3. Raurich, Xavier & Sala, Hector & Sorolla, Valeri, 2006. "Unemployment, Growth, And Fiscal Policy: New Insights On The Hysteresis Hypothesis," Macroeconomic Dynamics, Cambridge University Press, vol. 10(3), pages 285-316, June.
  4. Anthony B. Atkinson, 2019. "EMU, Macroeconomics and Children," Politica economica, Società editrice il Mulino, issue 3, pages 313-334.
  5. De Bandt, Olivier & Mongelli, Francesco Paolo, 2000. "Convergence of fiscal policies in the euro area," Working Paper Series 20, European Central Bank.
  6. Elena Gennari & Raffaela Giordano & Sandro Momigliano, 2005. "Dealing with Unexpected Shocks to the Budget," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 61(2), pages 201-219, July.
  7. Kenen, Peter B., 2000. "Currency areas, policy domains, and the institutionalization of fixed exchange rates," LSE Research Online Documents on Economics 20170, London School of Economics and Political Science, LSE Library.
  8. Barry Eichengreen, 2004. "Institutions for Fiscal Stability," CESifo Economic Studies, CESifo Group, vol. 50(1), pages 1-25.
  9. Helene Schuberth & Peter Brandner & Leopold Diebalek, 1998. "Fiscal deficits and sustainability of fiscal position in the EU-Countries," ERSA conference papers ersa98p466, European Regional Science Association.
  10. Ali BAYAR & Bram SMEETS, 2009. "Excessive Deficits in the European Union: An Analysis of Entry and Exit Dynamics," EcoMod2009 21500011, EcoMod.
  11. Elena Flores & Gabriele Giudice & Alessandro Turrini, 2005. "The framework for fiscal policy in EMU: What future after five years of experience?," European Economy - Economic Papers 2008 - 2015 223, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  12. repec:spo:wpmain:info:hdl:2441/2943 is not listed on IDEAS
  13. Jérôme Creel, 2001. "Faut-il contraindre la politique budgétaire en Union monétaire ?. Les enseignements d'une maquette simulée," Revue de l'OFCE, Presses de Sciences-Po, vol. 77(2), pages 199-249.
  14. repec:onb:oenbwp:y::i:26:b:1 is not listed on IDEAS
  15. Philip Arestis & Malcolm Sawyer, 2004. "Macroeconomic policies of the Economic and Monetary Union: theoretical underpinnings and challenges," Chapters, in: Philip Arestis & Malcolm Sawyer (ed.), Neo-Liberal Economic Policy, chapter 7, Edward Elgar Publishing.
  16. Philip Arestis & Malcolm Sawyer, 2006. "The Case for Fiscal Policy," Palgrave Macmillan Books, in: Philip Arestis & Jesus Ferreiro & Felipe Serrano (ed.), Financial Developments in National and International Markets, chapter 6, pages 103-117, Palgrave Macmillan.
  17. repec:hal:wpspec:info:hdl:2441/2943 is not listed on IDEAS
  18. Coricelli, Fabrizio & Ercolani, Valerio, 2002. "Cyclical and Structural Deficits on the Road to Accession: Fiscal Rules for an Enlarged European Union," CEPR Discussion Papers 3672, C.E.P.R. Discussion Papers.
  19. Siebert, Horst, 1998. "Die Europäische Währungsunion: was zu tun und was zu lassen ist," Kiel Working Papers 854, Kiel Institute for the World Economy (IfW Kiel).
  20. Zotteri, Stefania & Franco, Daniele & Balassone, Fabrizio, 2003. "Fiscal rules for sub-national governments: what lessons from EMU countries?," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34926, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  21. repec:hal:spmain:info:hdl:2441/2943 is not listed on IDEAS
  22. Marco Buti & Sylvester Eijffinger & Daniele Franco, 2003. "Revisiting the Stability and Growth Pact: grand design or internal adjustment?," European Economy - Economic Papers 2008 - 2015 180, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  23. Emanuele Bacchiocchi & Elisa Borghi & Alessandro Missale, 2011. "Public Investment under Fiscal Constraints," Fiscal Studies, Institute for Fiscal Studies, vol. 32(1), pages 11-42, March.
  24. William Mitchell, 2015. "Eurozone Dystopia," Books, Edward Elgar Publishing, number 16478.
  25. Kurt Bayer, 1999. "Perspectives for Future Economic Policy Coordination within EMU," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(3), pages 271-279, September.
  26. Castro, Vítor, 2010. "The duration of economic expansions and recessions: More than duration dependence," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 347-365, March.
  27. Bas Van Aarle & Jacob Engwerda & Joseph Plasmans & Arie Weeren, 2001. "Macroeconomic Policy Interaction under EMU: A Dynamic Game Approach," Open Economies Review, Springer, vol. 12(1), pages 29-60, January.
  28. Ali Bayar, 1999. "Entry and Exit Dynamics of 'Excessive Deficits' in the European Union," CESifo Working Paper Series 216, CESifo.
  29. Ali Bayar & Bram Smeets, 2009. "Government Deficits in the European Union: An Analysis of Entry and Exit Dynamics," CESifo Working Paper Series 2703, CESifo.
  30. Arestis, Philip & McCauley, Kevin & Sawyer, Malcolm, 2001. "An Alternative Stability Pact for the European Union," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(1), pages 113-130, January.
  31. Siebert, Horst, 1998. "The Euro: A dozen do's and don't's," Kiel Discussion Papers 312, Kiel Institute for the World Economy (IfW Kiel).
  32. Fabrizio Balassone & Maura Francese, 2004. "Cyclical asymmetry in fiscal policy, debt accumulation and the Treaty of Maastricht," Temi di discussione (Economic working papers) 531, Bank of Italy, Economic Research and International Relations Area.
  33. Bernd Irlenbusch & Matthias Sutter, 2006. "An experimental analysis of voting in the Stability and Growth Pact in the European Monetary Union," Public Choice, Springer, vol. 129(3), pages 417-434, December.
  34. Roberto Tamborini, 2004. "One ‘Monetary Giant’ with Many ‘Fiscal Dwarfs’: The Efficiency of Macroeconomic Stabilization Policies in the European Monetary Union," International Economic Association Series, in: Alan V. Deardorff (ed.), The Past, Present and Future of the European Union, chapter 3, pages 21-47, Palgrave Macmillan.
  35. Jakob De Haan & Helge Berger & David‐Jan Jansen, 2004. "Why has the Stability and Growth Pact Failed?," International Finance, Wiley Blackwell, vol. 7(2), pages 235-260, July.
  36. Seppo Honkapohja & Frank Westermann, 2009. "Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making Processes," Palgrave Macmillan Books, in: Seppo Honkapohja & Frank Westermann (ed.), Designing the European Model, chapter 6, pages 177-228, Palgrave Macmillan.
  37. Martin Larch & João Nogueira Martins, 2007. "Fiscal indicators - Proceedings of the the Directorate-General for Economic and Financial Affairs Workshop held on 22 September 2006 in Brussels," European Economy - Economic Papers 2008 - 2015 297, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  38. Leila Simona TALANI, 2014. "The Political Economy of Italy in the EMU: What Went Wrong?," Journal of Economics and Political Economy, KSP Journals, vol. 1(2), pages 133-149, December.
  39. Fabrizio Balassone & Daniele Franco, 2004. "EMU fiscal rules: new answers to old questions?," Chapters, in: Giuseppe Eusepi & Friedrich Schneider (ed.), Changing Institutions in the European Union, chapter 1, Edward Elgar Publishing.
  40. Bertrand Martinot, 2000. "Pacte de stabilité et efficacité de la politique budgétaire," Économie et Prévision, Programme National Persée, vol. 146(5), pages 15-30.
  41. Strauch, Rolf, 1999. "Monitoring fiscal adjustments in the European Union and EMU," Discussion Paper Series 1: Economic Studies 1999,04, Deutsche Bundesbank.
  42. Lars Jonung & Martin Larch, 2006. "Improving fiscal policy in the EU: the case for independent forecasts [‘Fiscal forecasting: The track record of the IMF, OECD and EC’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(47), pages 492-534.
  43. de Haan, Jakob & Berger, Helge & Jansen, David-Jan, 2003. "The end of stability and growth pact?," Discussion Papers 2003/16, Free University Berlin, School of Business & Economics.
  44. Amalia Fugaru, 2004. "Fiscal adjustment in Hungary (1991-2003)," IWE Working Papers 150, Institute for World Economics - Centre for Economic and Regional Studies.
  45. Ondřej Schneider & Petr Hedbávný & Jan Zápal, 2007. "A Fiscal Rule that Has Teeth: A Suggestion for a “Fiscal Sustainability Council” Underpinned by the Financial Markets," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 1(1), pages 32-53, March.
  46. Michael J. Artis & Marco Buti, 2000. "‘Close‐to‐Balance or in Surplus’: A Policy‐Maker's Guide to the Implementation of the Stability and Growth Pact," Journal of Common Market Studies, Wiley Blackwell, vol. 38(4), pages 563-591, November.
  47. VAN AARLE, Bas & ENGWERDA, Jacob C. & PLASMANS, Joseph E.J. & WEEREN, Arie, 1999. "Monetary and fiscal policy design under EMU: a dynamic game approach," Working Papers 1999041, University of Antwerp, Faculty of Business and Economics.
  48. Alessandro Migliavacca & Christian Rainero, 2017. "Financial and Economic Health in European Member States: A Rational Management Theory," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(4), pages 1-34, March.
  49. Frank Bodmer, 2006. "The Swiss Debt Brake: How it Works and What Can Go Wrong," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 142(III), pages 307-330, September.
  50. Martner Fanta, Ricardo, 2000. "Automatic fiscal stabilizers," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
  51. Charles Wyplosz, 2002. "Fiscal Policy: Institutions vs. Rules," IHEID Working Papers 03-2002, Economics Section, The Graduate Institute of International Studies.
  52. Charles Wyplosz, 2003. "Le Pacte de stabilité atteint ses limites," Revue d'Économie Financière, Programme National Persée, vol. 71(2), pages 245-259.
  53. Philip Arestis & Malcolm Sawyer, 1999. "The Economic and Monetary Union: Current and Future Prospects," Economics Working Paper Archive wp_282, Levy Economics Institute.
  54. Kaji, Sahoko, 1998. "Successful Structural Reforms after EMU," Journal of the Japanese and International Economies, Elsevier, vol. 12(4), pages 507-534, December.
  55. Sébastien Pommier, 2004. "Évolutions et asymétries des règles européennes de politique budgétaire et mise en oeuvre du Pacte de stabilité," Économie et Prévision, Programme National Persée, vol. 162(1), pages 95-109.
  56. Fabrizio Balassone & Sara Cecchetti & Martina Cecioni & Marika Cioffi & Wanda Cornacchia & Flavia Corneli & Gabriele Semeraro, 2016. "Risk Reduction and Risk Sharing in the Governance of the Euro Area," Politica economica, Società editrice il Mulino, issue 3, pages 463-488.
  57. Aarle Bas van & Huart Florence & Garretsen Harry, 2004. "Monetary and Fiscal Policy Rules in the EMU," German Economic Review, De Gruyter, vol. 5(4), pages 407-434, December.
  58. Olga Francová & Ermal Hitaj & John Goossen & Robert Kraemer & Andreja Lenarčič & Georgios Palaiodimos, 2021. "EU fiscal rules: reform considerations," Discussion Papers 17, European Stability Mechanism, revised 25 Oct 2021.
  59. Philip Arestis & Malcolm Sawyer, "undated". "Reforming the Euro's Institutional Framework," Economics Policy Note Archive 03-2, Levy Economics Institute.
  60. repec:spo:wpecon:info:hdl:2441/2943 is not listed on IDEAS
  61. Pagoulatos, George & Pelagidis, Theodore, 2004. "EMU and the New "Stabilization State": Demand Disturbances and Asymmetric Responses," MPRA Paper 106960, University Library of Munich, Germany.
  62. Xavier Debrun, 2000. "Fiscal Rules in a Monetary Union: A Short-Run Analysis," Open Economies Review, Springer, vol. 11(4), pages 323-358, October.
  63. Francesco Mongelli, 1999. "The Effects of the European Economic and Monetary Union (EMU) on National Fiscal Sustainability," Open Economies Review, Springer, vol. 10(1), pages 31-61, February.
  64. Fabrizio Balassone & Daniele Franco, 2000. "Public investment, the Stability Pact and the ‘golden rule’," Fiscal Studies, Institute for Fiscal Studies, vol. 21(2), pages 207-229, June.
  65. Ray Barrell, 2001. "Time to consider alternatives to the Stability and Growth Pact," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 36(6), pages 279-281, November.
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