Fiscal indicators - Proceedings of the the Directorate-General for Economic and Financial Affairs Workshop held on 22 September 2006 in Brussels

Martin Larch and João Nogueira Martins

No 297, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: Fiscal indicators are the backbone of effective fiscal policy-making, including the coordination and surveillance of budgetary policy at the EU level. The quality and success of the EU surveillance framework, in particular the timeliness and appropriateness of any policy recommendation or decision taken in the context of the Stability and Growth Pact (SGP), crucially depend on the quality of its diagnostic instruments. The right conclusions can only be drawn if the underlying analysis is comprehensive and accurate.

Keywords: fiscal indicators; government budget; EU fiscal surveillance; sustainability of fiscal policy; cyclically adjusted budget balance; Larch; Nogueira Martins (search for similar items in EconPapers)
JEL-codes: E6 H60 H61 H68 (search for similar items in EconPapers)
Pages: 230 pages
Date: 2007-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0297

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