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dc.contributor.authorLehment, Harmenen_US
dc.date.accessioned2009-01-28T14:35:40Z-
dc.date.available2009-01-28T14:35:40Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/2729-
dc.description.abstractEU Member countries have shown different degrees of ambition to reach a budget position of ?close to balance or in surplus?. Differences in ambition can only partly be explained by the relative size of cyclical safety mar­gins or differences in the number of votes in the ECOFIN Council. It is also shown that in the medium run there is no evidence for a trade-off between budget consolidation and growth. Of the eight countries with the strongest reduction of structural budget deficits in the period 1992-2001, only one showed growth rates below the EU average. The other seven countries even managed to achieve higher growth rates than in the period 1974-91 during which structural deficits had increased.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKieler Arbeitspapiere 1098en_US
dc.subject.jelE65en_US
dc.subject.jelE61en_US
dc.subject.ddc330-
dc.subject.keywordfiscal policyen_US
dc.subject.keywordbudget deficits-
dc.subject.keywordEuropean Union-
dc.subject.stwFinanzpolitiken_US
dc.subject.stwHaushaltsdefiziten_US
dc.subject.stwKonvergenzkriterienen_US
dc.subject.stwHaushaltskonsolidierungen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEU-Staatenen_US
dc.titleEuropean fiscal policies under the stability pact - some first insightsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn345387104en_US
dc.identifier.ppn345387104en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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Kieler Arbeitspapiere, IfW

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