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Fiscal Policy Making in the European Union

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automatic
Automatic Stabilizers
Budget Balance
budgetary indicators reliability
Category=JP
component
Cyclically Adjusted
discretionary budget measures
DSGE Model
ECB
Emu Country
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EU Benchmark
EU Country
EU fiscal surveillance framework challenges
EU Member States
European economic governance
Fiscal Indicators
fiscal sustainability assessment
Forecast Error Variance Decomposition
gap
Gdp Growth
growth
macroeconomic policy evaluation
model
Nominal Gdp
output
Output Gap
Output Gap Estimates
pact
Potential Gdp
Pr Oj Ec Tio
primary
Primary Balance
Primary Surplus
Pro-cyclical Bias
public finance analysis
Real Time Estimates
stabilizers
Structural Budget Balance
Structural VARs
Supply Shocks
UC Model
unobserved

Product details

  • ISBN 9781138425460
  • Weight: 453g
  • Dimensions: 174 x 246mm
  • Publication Date: 30 Jun 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

This book examines key aspects of the measurement of fiscal policy making in the EU fiscal surveillance framework, highlighting strengths and weaknesses of current assessment practice.
Based on the proceedings of a workshop organized by the European Commission‘s Directorate-General Economic and Financial Affairs, the book‘s contributions from leading experts will be of particular value to individuals and institutions involved in the fields of national and international economics and finance.

Key Features:

Chapters are arranged within three main sections: Long-term sustainability; Measurement of the underlying budgetary position and discretionary fiscal policy; Reliability of fiscal indicators

Edited by Martin Larch and Jo Nogueira Martins

Expert contributors include Ant Afonso, Fabrizio Balassone, Fernando Ballabriga, Roy Barrell, Peter Brandner, Peter Claeys, Leopold Diebalek, Per Eckefeldt, Jonas Fischer, Daniele Franco, Jagadeesh Gokhale, Ian Hurst, Walpurga K hler-T glhofer, Gy rgy Kopits, Martin Larch, Carlos Martinez-Mongay, James Mitchell, Jo Nogueira Martins, Jan in ‘t Veld, Stefania Zotteri

Text amply supported by charts and tables.

Bibliography and Index
About
Martin Larch, João Nogueira Martins