Choosing the European fiscal rule
ABSTRACTIn order to quantitatively assess the potential effects from the ongoing transformation of the fiscal framework of the European Union, we evaluate the economic and public finance stabilization properties of two benchmark fiscal rules using a New Keynesian small open economy model. If these f...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2024-01-01
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Series: | Baltic Journal of Economics |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/1406099X.2024.2340402 |