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dc.contributor.authorOhr, Renateen
dc.contributor.authorSchmidt, Andréen
dc.date.accessioned2006-03-28-
dc.date.accessioned2010-05-14T11:53:57Z-
dc.date.available2010-05-14T11:53:57Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/31975-
dc.description.abstractThe Stability and Growth Pact is one of the constituent pillars of the European Monetary Union. Though, meanwhile it is obvious that it will not be able to limit fiscal deficits of the member states. For this reason in this paper Coase's thinking in institutional alternatives is applied to find a better way to increase the incentives for more fiscal stability. We present and discuss tradable deficit permits comprising market-orientated incentives for fiscal stability. It is shown that tradable deficit permits are superior from a politico-economical view as well as with regard to allocative efficiency.en
dc.language.isogeren
dc.publisher|aGeorg-August-Universität Göttingen, Volkswirtschaftliches Seminar |cGöttingenen
dc.relation.ispartofseries|aDiskussionsbeiträge |x128en
dc.subject.jelE5en
dc.subject.jelE6en
dc.subject.jelH6en
dc.subject.ddc330en
dc.subject.keywordstability and growth pacten
dc.subject.keywordtradable deficit permitsen
dc.subject.keywordmonetary unionen
dc.titleHandelbare Verschuldungsrechte zur Sicherung fiskalischer Stabilität in der Währungsunion?-
dc.typeWorking Paperen
dc.identifier.ppn509646492en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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