The new fiscal rules for the EMU. Threats from heterogeneity and interdependence
This paper examines the reform of fiscal rules in the European Economic and Monetary Union (EMU), in particular the Stability and Convergence Plans (SCP) of public debts. The focus is on factors of heterogeneity and interdependence in the key variables of growth and interest rates. By means of dynam...
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Format: | Article |
Language: | English |
Published: |
Università Carlo Cattaneo LIUC
2013-12-01
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Series: | The European Journal of Comparative Economics |
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Online Access: | http://eaces.liuc.it/18242979201303/182429792013100306.pdf |