A policymaker's guide to a Euro area stabilization fund | Farvaque, Etienne
/5

0 avis

A policymaker's guide to a Euro area stabilization fund

Archive ouverte : Article de revue

Farvaque, Etienne | Huart, Florence

Edité par HAL CCSD ; Società Editrice il Mulino

International audience. In 2012, several reports were published advocating the creation of a genuine fiscal capacity at the European level, to strengthen the foundations of the Economic and Monetary Union (EMU) by helping member countries to adjust to asymmetric shocks. The design of a common stabilization fund should be well thought, though: what would be stabilized? When would transfers be paid? Would they be directed towards governments or individuals? How would they be financed? And would they help stabilize economies? We address these questions by outlining recent existing proposals, their features and their simulated stabilization effects. We finally underline the difficulties in implementing such a scheme.

Consulter en ligne

Suggestions

Du même auteur

Un système d'assurance chômage pour la zone Euro ? | Farvaque, Etienne

Un système d'assurance chômage pour la zone Euro ?

Archive ouverte: Article de revue

Farvaque, Etienne | 2016-07

Drowned by numbers? Stabilization properties of an EU-wide unemployment insurance system | Farvaque, Etienne

Drowned by numbers? Stabilization properties of an EU-wide unemployment ins...

Archive ouverte: Article de revue

Farvaque, Etienne | 2018-02-25

International audience. The recent crisis has given rise to proposals for the creation of a European unemployment insurance system. We simulate an EU-wide mechanism under various scenarios, varying methods of financ...

Un mécanisme de stabilisation pour la zone euro | Huart, Florence

Un mécanisme de stabilisation pour la zone euro

Archive ouverte: Article de revue

Huart, Florence | 2018-04-25

International audience

Du même sujet

On the bilateral trade effects of free trade agreements between the EU-15 and the CEEC-4 countries | Caporale, Guglielmo Maria

On the bilateral trade effects of free trade agreements between the EU-15 a...

Archive ouverte: Article de revue

Caporale, Guglielmo Maria | 2009-04-03

International audience. The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of free trade agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called ...

A disruptive moment? Parliaments, Brexit, and the future of European integration | Navarro, Julien

A disruptive moment? Parliaments, Brexit, and the future of European integr...

Archive ouverte: Article de revue

Navarro, Julien | 2021-10-02

International audience. The withdrawal of the United Kingdom from the European Union (EU) does not only challenge the idea of an ever-deeper integrated union; it also calls into question the very principles on which...

Good news after all? Reactions to Brexit in national parliaments | Marangoni, Francesco

Good news after all? Reactions to Brexit in national parliaments

Archive ouverte: Article de revue

Marangoni, Francesco | 2021-10-02

International audience. National parliaments have been increasingly involved in EU affairs including in the reforms of EU institutions which, in most countries, they must ratify. How national parliamentarians (MPs) ...

Sectoral Reallocations, Real Estate Shocks and Productivity Divergence in Europe: A Tale of Three Countries | Grjebine, Thomas

Sectoral Reallocations, Real Estate Shocks and Productivity Divergence in E...

Archive ouverte: Article de revue

Grjebine, Thomas | 2019-05

International audience. The creation of the European Monetary Union (EMU) in 1999 was expected to become a catalyst for real convergence in Europe. Far from being the case, real divergence increased from the early 1...

Chargement des enrichissements...