Threats of sovereign debt overhang in the EU, the new fiscal rules and the perils of policy drift

Author:

Semmler Willi,Young Brigitte

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Sociology and Political Science,Finance

Reference70 articles.

1. Alcidi, C., & Corti, F. (2022). The EU response to Covid-19: Breaking old taboos? In B. Vanhercke & S. Spasova (Eds.), Social Policy in the European Union: State of Play 2021. Re-emerging social ambitions as the EU recovers from the pandemic. European Trade Union Institute and European Social Observatory.

2. Bastos Neves, J. P., & Semmler, W. (2022). A proposal for a carbon wealth tax: Modeling, empirics, and policy. SSRN. https://doi.org/10.2139/ssrn.4114243

3. Batini, N., Eyraud, L., & Weber, A. (2014). A simple method to compute fiscal multipliers, IMF working paper, WP/14/93.

4. Blanchard, O. (2022), Data source on Real GDP: https://www.measuringworth.com/datasets/usgdp/sourcegdp; 1-year T-bill rate: https://fred.stlouisfed.org/series/DTB1YR; 10-year bond rate: https://fred.stlouisfed.org/series/; Construction of the adjusted rate: www.gpo.gov/fdsys/pkg/ERP-2013.

5. Blanchard, O., & Leigh, D. (2013), Growth Forecast Errors and Fiscal Multipliers. IMF working paper WP/13/1.

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