Do Balanced Budget Rules Work? U.S. Experience and Possible Lessons for the EMU
收藏NBER1996-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5838
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资源简介:
The `Excessive Deficit Procedure' of the Maastricht Treaty on Economic and Monetary Union proposes two fiscal convergence conditions for entry and continued membership in the EMU: 1) a country's overall budget deficit for each fiscal year must be equal to or below 3% of GDP, and 2) a country's stock
提供机构:
美国国家经济研究局
创建时间:
1996-11-01



