European fiscal rules after the crisis - Archive ouverte HAL Access content directly
Journal Articles Journal of Innovation Economics & Management Year : 2010

European fiscal rules after the crisis

(1) , (1)
1

Abstract

The Greek public finance crisis of the first semester 2010 has triggered discussion about the perils of fiscal unsustainability in a currency area, either through default contagion or moral hazard contagion, and it has questioned the reliance of the European Union (EU) on fiscal rules like the Stability and Growth Pact (SGP). In this contribution, we wish to shed light on the golden rule of public finance which, we argue, may generate fiscal sustainability without hindering economic growth (...).
Not file

Dates and versions

hal-03416002 , version 1 (05-11-2021)

Identifiers

Cite

Jérôme Creel, Francesco Saraceno. European fiscal rules after the crisis. Journal of Innovation Economics & Management, 2010, 6, pp.95 - 122. ⟨hal-03416002⟩

Collections

SCIENCESPO OFCE
7 View
0 Download

Share

Gmail Facebook Twitter LinkedIn More