What Drives the Responsiveness of the Budget Balance to the Business Cycle in EU Countries? |
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| Authors: | Mourre Gilles Poissonnier Aurélien |
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| Institution: | 1.Unit C1: Fiscal Policy and Surveillance, European Commission DG ECFIN, Rue de la Loi 170, CHAR 12/021, 1040, Brussels, Belgium
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| Abstract: | Intereconomics - The European Commission methodology for computing the cyclically adjusted government budget balance provides a robust measurement of the fiscal position of the Member States. The... |
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