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Squaring the circle: How to guarantee fiscal space and debt sustainability with a European Debt Agency

Abstract : This paper contributes to the debate on European macroeconomic governance. What is at stake is creating fiscal space for eurozone countries, while ensuring the sustainability of large public debts. Whether fiscal space is created through the reform of fiscal rules, the creation of a central fiscal capacity, or a mix of the two, the question of public debt management, past and future, is paramount...
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Preprints, Working Papers, ...
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https://hal-sciencespo.archives-ouvertes.fr/hal-03554212
Contributor : Claudine Houdin Connect in order to contact the contributor
Submitted on : Monday, March 7, 2022 - 5:27:29 PM
Last modification on : Monday, October 10, 2022 - 8:46:12 AM
Long-term archiving on: : Wednesday, June 8, 2022 - 6:14:10 PM

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OFCEWP2022-02.pdf
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Distributed under a Creative Commons Attribution - ShareAlike 4.0 International License

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  • HAL Id : hal-03554212, version 1

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Massimo Amato, Francesco Saraceno. Squaring the circle: How to guarantee fiscal space and debt sustainability with a European Debt Agency. 2022. ⟨hal-03554212⟩

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