A Framework to Assess Fiscal Vulnerability: Empirical Evidence for European Union Countries

A Framework to Assess Fiscal Vulnerability: Empirical Evidence for European Union Countries

Following the financial crisis of 2007 and the sovereign debt crisis in 2010 that affected the soundness and reduced the strength of public finance in European countries, there has been a growing interest in developing methodologies to the help assess and signal the vulnerability of fiscal policy. T...

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Bibliographic Details
Main Authors: Andreea Stoian, Laura Obreja Brașoveanu, Iulian Viorel Brașoveanu, Bogdan Dumitrescu
Format: Article
Language:English
Published: MDPI AG 2018-07-01
Series:Sustainability
Subjects:
fiscal policy
budgetary deficit
fiscal sustainability
fiscal vulnerability
primary balance
public debt
European Union
Online Access:http://www.mdpi.com/2071-1050/10/7/2482

Internet

http://www.mdpi.com/2071-1050/10/7/2482

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