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Euro area fiscal stance

Marien Ferdinandusse (), Cristina Checherita-Westphal, Maria Grazia Attinasi, Laure Lalouette, Krzysztof Bańkowski, Georgios Palaiodimos () and Maria Campos ()
Authors registered in the RePEc Author Service: Cristina Checherita Westphal

No 182, Occasional Paper Series from European Central Bank

Abstract: This paper analyses the appropriateness of the euro area fiscal stance. In this context, the paper presents the relevant definitions and how the euro area fiscal stance has evolved over time. Furthermore, it contains an evaluation of the appropriateness of the euro area aggregated fiscal stance set out in the European Commission JEL Classification: E61

Keywords: debt sustainability; fiscal stance; output gap; output stabilisation (search for similar items in EconPapers)
Date: 2017-01
New Economics Papers: this item is included in nep-eec
Note: 673741
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Handle: RePEc:ecb:ecbops:2017182