000			01583nam a22002777a 4500
003			ZW-GwMSU
005			20201217102034.0
008			201217b ||||| |||| 00| 0 eng d
022			_a17487870
040			_aMSU _cMSU _erda
050			_aHD1918
100	1		_aBird, Graham _eauthor
245	1	0	_aFiscal imbalances and output crises in Europe: _bwill the fiscal compact help or hinder? _ccreated by Graham Bird and Alex Mandilaras
264			_aOxfordshire _bTaylor and Francis _c2013
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aJournal of Economic Policy Reform _vVolume 16, number 1,
520			_aThe eurozone crisis has involved sharp output declines and has generated much discussion about the appropriate design of macroeconomic policy both in terms of dealing with the contemporary situation and minimising the risks of future crises. Much of the debate surrounding the crisis has focused on fiscal policy. All but two member states of the European Union have signed a draft treaty, the ‘fiscal compact’, that seeks to eliminate structural fiscal deficits. This paper examines the relationship between fiscal balances and output shortfalls amongst the eurozone countries allowing for other factors. In the light of the findings it critically assesses the fiscal compact.
650			_aFiscal policy
650			_aEconomic crises
650			_aEurozone
700			_aMandilaras, Alex _eauthor
856			_uhttp://dx.doi.org/10.1080/17487870.2013.765081
942			_2lcc _cJA
999			_c156027 _d156027