May 27, 2019

A budgetary stabilisation function

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Since the aftermath of the euro crisis, there is policy debate about how to better absorb economic shocks in the euro zone. This policy brief analyses a budgetary stabilisation mechanism for the euro zone.  It also analyses the necessity and efficiency of budgetary stabilisation mechanism. According to CPB there is no evidence to suggest that the survival of the euro would depend on a budgetary stabilisation mechanism. But although not vitally important, a budgetary stabilisation mechanism may increase welfare.  

Contacts

Foto Bert Smid
Bert Smid +31 6 11594311 Read more
Foto Sander van Veldhuizen
Sander van Veldhuizen +31 6 11648608 Read more