Blog post
24 October 2016
Should we rethink fiscal policy?
What’s at stake: there has been quite some discussion recently on whether we should rethink the framework of fiscal policy in order to make it more ap
Fiscal policy
Showing 161-176 of 200 results
Policy brief
09 September 2016
What are the prerequisites for a euro-area fiscal capacity?
In this Policy Contribution, Maria Demertzsis and Guntram B. Wolff discuss three progressive steps for strengthening the fiscal framework at the euro-
Blog post
29 August 2016
The fiscal stance puzzle
What’s at stake: In a low r-star environment, fiscal policy should be accommodative at the global level. Instead, even in countries with current accou
Podcast
15 June 2016
European fiscal rules
The current European fiscal framework is inefficient and relies on indicators that are badly estimated. How can the rules be improved and what can a E
Event
07 June 2016
Internet taxation: challenges and policy recommendations
As the economy moves online, it becomes more difficult for national tax authorities to collect revenue. How great is the impact, and what should corpo
Blog post
30 May 2016
The abandonment of counter-cyclical fiscal policy
What’s at stake: The reluctance to use fiscal policy as a stabilizing tool in the current deflationary environment has been puzzling to many and a num
Blog post
18 April 2016
The implications of the Panama Papers
What’s at stake: The Panama Papers leaked last week raised important questions about the role of tax havens. We explain the mechanics of tax evasion a
Opinion piece
12 April 2016
How to reform EU fiscal rules
The current inefficient European fiscal framework should be replaced with a system based on rules that are more conducive to the two objectives of pu
Opinion piece
10 April 2016
Mere criticism of the ECB is no solution
What would happen if the ECB failed to respond to the excessively low inflation and the weak economy? And what economic policy would be suitable under
Blog post
07 April 2016
The structural budget balance limbo
A key indicator in the EU’s fiscal framework is the structural budget balance, but estimates of the indicator by the European Commission, IMF and OECD
Opinion piece
30 March 2016
ECB decisions put lack of fiscal union in the spotlight
Fiscal policy in the euro area is hardly supporting the recovery and the ECB. The EU needs a a proper fiscal union in order to stabilise the economy
Policy brief
29 March 2016
A proposal to revive the European Fiscal Framework
The current European fiscal framework is inefficient. It should be replaced with a system based on rules more suited to the two core objectives: publ
Event
09 March 2016
Stability of EMU and prospects for fiscal union
How can Europe make progress with EMU and move towards a Fiscal Union?
Event
03 March 2016
A fiscal framework for the EU
Doubts about the fiscal sustainability of various member states have led Europe to enact greater coordination and surveillance. But are these policies
Policy brief
18 February 2016
Which fiscal union for the euro area?
At the current level of political and societal integration, a large federal budget is unrealistic in the euro area. The authors make three recommenda
Opinion piece
05 January 2016
Another slow year for the global economy
The factors that dragged down the global economy in 2015 will persist – and in some cases even intensify – in the new year.