European fiscal rules after the crisis

Jerome Creel and Francesco Saraceno ()
Additional contact information
Francesco Saraceno: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po

Post-Print from HAL

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 (...).

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Published in Journal of Innovation Economics & Management, 2010, 6, pp.95 - 122. ⟨10.3917/jie.006.0095⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: European fiscal rules after the crisis (2010)
Working Paper: European fiscal rules after the crisis (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03416002

DOI: 10.3917/jie.006.0095

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().