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Xavier Debrun

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Working Paper

Government size and output volatility: should we forsake automatic stabilisation?

In this working paper, Xavier Debrun, Jean Pisani-Ferry and André Sapir explore the relationships between government size and output volatility. Whilst government size contributes to macroeconomic stabilisation, the slow down in output volatility of the 1980s and 90s was due more to a combination of monetary policy improvements and financial developments. That this decline was […]

By: Xavier Debrun, Jean Pisani-Ferry and André Sapir Topic: European Macroeconomics & Governance Date: March 31, 2008
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Working Paper

Tying hands is not commitment: can fiscal rules and institutions really enhance fiscal discipline?

Visiting Bruegel Scholar, Xavier Debrun, discusses the role of fiscal institutions, including budget rules and non-partisan agencies, in enhancing fiscal discipline.

By: Xavier Debrun Topic: European Macroeconomics & Governance Date: December 31, 2006
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Policy Contribution

Economic reforms in the euro area: is there a common agenda?

Visiting scholar Xavier Debrun, and Bruegel director Jean Pisani-Ferry contribute to the emerging discussion on reform strategies in the euro area. An earlier version of this note was presented to the Eurogroup Working Group of the Economic Policy Committee of the EU.

By: Xavier Debrun and Jean Pisani-Ferry Topic: European Macroeconomics & Governance Date: October 29, 2006

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