Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/2729 
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dc.contributor.authorLehment, Harmenen
dc.date.accessioned2009-01-28T14:35:40Z-
dc.date.available2009-01-28T14:35:40Z-
dc.date.issued2002-
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
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1098en
dc.subject.jelE65en
dc.subject.jelE61en
dc.subject.ddc330en
dc.subject.keywordbudget deficitsen
dc.subject.keywordEuropean Unionen
dc.subject.keywordfiscal policyen
dc.subject.stwFinanzpolitiken
dc.subject.stwHaushaltsdefiziten
dc.subject.stwKonvergenzkriterienen
dc.subject.stwHaushaltskonsolidierungen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwEU-Staatenen
dc.titleEuropean fiscal policies under the stability pact - some first insights-
dc.typeWorking Paperen
dc.identifier.ppn862554713en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1098en
dc.identifier.printppn345387104en

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