ISBN:
9780230501638
Sprache:
Englisch
Seiten:
Online-Ressource (XIV, 316 p, online resource)
Serie:
SpringerLink
Serie:
Bücher
Serie:
Springer eBook Collection
Serie:
Palgrave Economics & Finance Collection
Serie:
Springer ebook collection / Palgrave Economics and Finance Collection 2000 - 2013
Paralleltitel:
Printed edition
Paralleltitel:
Erscheint auch als Mulas Granados, Carlos, 1974 - Economics, politics and budgets
Schlagwort(e):
Finanzpolitik
;
Haushaltskonsolidierung
;
EU-Staaten
;
Economics
;
Fiscal policy
;
Political economy
;
International relations
;
Macroeconomics
;
International economics
;
Europäische Union
;
Finanzpolitik
;
Öffentlicher Haushalt
;
Konsolidierung
;
Europäische Union
;
Finanzpolitik
;
Öffentlicher Haushalt
;
Konsolidierung
Kurzfassung:
Motivated by the proliferation of fiscal consolidation episodes in the advent of Monetary Union, this book explains the causes and consequences of fiscal policy in Europe, using theory and empirical evidence from the last four decades
Beschreibung / Inhaltsverzeichnis:
Cover; Contents; List of Tables; List of Figures; List of Abbreviations; Acknowledgements; 1 Introduction; 1.1 Strategies of fiscal adjustment; 1.2 Economic and political factors influencing the adoption of different adjustment strategies; 1.3 Economic and political consequences of adopting different adjustment strategies; 1.4 Five questions and hypotheses: a summary of the book's argument; 1.5 The structure of the study; 2 Economics, Politics and Fiscal Policy; 2.1 Governments and economic policy; 2.2 Fiscal policies in the European Union, 1970-2000
Beschreibung / Inhaltsverzeichnis:
2.3 The economics of fiscal policies and fiscal adjustments2.4 The politics of fiscal policies and fiscal adjustments; 2.5 The five hypotheses of the book; 2.6 Conclusion; 3 Timing and Duration of Fiscal Adjustments; 3.1 What is a fiscal adjustment?; 3.2 Strategies of fiscal adjustment: timing, duration and composition; 3.3 The timing of fiscal adjustments: the 'fiscal stress hypothesis'; 3.4 The duration of fiscal adjustments: the 'debt burden hypothesis'; 3.5 Economic and political factors during stronger consolidations; 3.6 Conclusion; 4 The Composition of Fiscal Adjustments
Beschreibung / Inhaltsverzeichnis:
4.1 Why is composition of the budget important?4.2 Economics, politics and composition of the budget; 4.3 Composition of the budget during fiscal adjustments: the 'partisanship hypothesis'; 4.4 Conclusion; 5 Fiscal Adjustments in the 1990s: Case Studies; 5.1 The Maastricht Treaty and the decision of monetary union; 5.2 Case studies: complying with the Maastricht criteria and the influence of political variables; 5.3 Conclusion; 6 The Economic Consequences of Fiscal Adjustments; 6.1 Fiscal policy and the macroeconomy; 6.2 The 'economic trade-off hypothesis'
Beschreibung / Inhaltsverzeichnis:
6.3 The economic impact of fiscal adjustments: means analysis6.4 The economic impact of fiscal adjustments: parametric analysis during the 1990s; 6.5 Conclusion; 7 The Political Consequences of Fiscal Adjustments; 7.1 Economic policy, fiscal adjustments and elections; 7.2 The 'fiscal voting hypothesis'; 7.3 The electoral consequences of fiscal adjustments - estimation results; 7.4 The post-Maastricht period; 7.5 Conclusion; 8 Conclusion; Appendices; Appendix 1: Cyclically Adjusted Budget Balances: The Commission's Method; Appendix 2: Duration Models
Beschreibung / Inhaltsverzeichnis:
Appendix 3: The Panel-Corrected Standard Errors TechniqueAppendix 4: The Effect of the Budget Process on Fiscal Policy; Appendix 5: The Economic Impact of Consolidations; Statistical Annex; Statistical Annex 1: Dependent and Independent Variables: Descriptive Statistics; Statistical Annex 2: Data on General Government Balances and Cyclical Corrections: Definitions and Tables; Notes and References; Bibliography; Index
Beschreibung / Inhaltsverzeichnis:
Cover; Contents; List of Tables; List of Figures; List of Abbreviations; Acknowledgements; 1 Introduction; 1.1 Strategies of fiscal adjustment; 1.2 Economic and political factors influencing the adoption of different adjustment strategies; 1.3 Economic and political consequences of adopting different adjustment strategies; 1.4 Five questions and hypotheses: a summary of the book's argument; 1.5 The structure of the study; 2 Economics, Politics and Fiscal Policy; 2.1 Governments and economic policy; 2.2 Fiscal policies in the European Union, 1970-2000
Beschreibung / Inhaltsverzeichnis:
2.3 The economics of fiscal policies and fiscal adjustments2.4 The politics of fiscal policies and fiscal adjustments; 2.5 The five hypotheses of the book; 2.6 Conclusion; 3 Timing and Duration of Fiscal Adjustments; 3.1 What is a fiscal adjustment?; 3.2 Strategies of fiscal adjustment: timing, duration and composition; 3.3 The timing of fiscal adjustments: the 'fiscal stress hypothesis'; 3.4 The duration of fiscal adjustments: the 'debt burden hypothesis'; 3.5 Economic and political factors during stronger consolidations; 3.6 Conclusion; 4 The Composition of Fiscal Adjustments
Beschreibung / Inhaltsverzeichnis:
4.1 Why is composition of the budget important?4.2 Economics, politics and composition of the budget; 4.3 Composition of the budget during fiscal adjustments: the 'partisanship hypothesis'; 4.4 Conclusion; 5 Fiscal Adjustments in the 1990s: Case Studies; 5.1 The Maastricht Treaty and the decision of monetary union; 5.2 Case studies: complying with the Maastricht criteria and the influence of political variables; 5.3 Conclusion; 6 The Economic Consequences of Fiscal Adjustments; 6.1 Fiscal policy and the macroeconomy; 6.2 The 'economic trade-off hypothesis'
Beschreibung / Inhaltsverzeichnis:
6.3 The economic impact of fiscal adjustments: means analysis6.4 The economic impact of fiscal adjustments: parametric analysis during the 1990s; 6.5 Conclusion; 7 The Political Consequences of Fiscal Adjustments; 7.1 Economic policy, fiscal adjustments and elections; 7.2 The 'fiscal voting hypothesis'; 7.3 The electoral consequences of fiscal adjustments - estimation results; 7.4 The post-Maastricht period; 7.5 Conclusion; 8 Conclusion; Appendices; Appendix 1: Cyclically Adjusted Budget Balances: The Commission's Method; Appendix 2: Duration Models
Beschreibung / Inhaltsverzeichnis:
Appendix 3: The Panel-Corrected Standard Errors TechniqueAppendix 4: The Effect of the Budget Process on Fiscal Policy; Appendix 5: The Economic Impact of Consolidations; Statistical Annex; Statistical Annex 1: Dependent and Independent Variables: Descriptive Statistics; Statistical Annex 2: Data on General Government Balances and Cyclical Corrections: Definitions and Tables; Notes and References; Bibliography; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; Y; Z
Anmerkung:
Description based upon print version of record
DOI:
10.1057/9780230501638
URL:
Volltext
(Deutschlandweit zugänglich)
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