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Fiscal Policy Coordination in OECD Countries
(Valtion taloudellinen tutkimuskeskus VATT, 1998-01-01)
This paper deals with fiscal policy coordination. In specifically it focuses on the question of how fiscal policy can be coordinated in the world where countries differ a lot in terms of cyclical behaviour and importance ...
Do the OECD Countries Follow the Same Fiscal Policy Rule?
(Valtion taloudellinen tutkimuskeskus VATT, 1998-01-01)
This paper tries to assess fiscal policy rules in the OECD countries. In particular, we examine whether the EU/EMU countries have had the same rule in terms of the cyclical situation. The analysis is based on a simple VAR ...
How Sensitive is the Public Budget Balance to Cyclical Fluctuations in the EU?
(Valtion taloudellinen tutkimuskeskus VATT, 2000-10-09)
This paper discusses the fiscal behaviour of EU countries in 1972-1999. It attempts to find out how deficits adjust to changes in interest rates and output growth by examining the hypothesis that the reaction of deficits ...
Fiscal Policy, Automatic Stabilisers and Policy Coordination in EMU
(Valtion taloudellinen tutkimuskeskus VATT, 1999-01-01)
This paper deals with fiscal policy coordination. In particular, it focuses on the question of how fiscal policy can be coordinated inside EMU, where countries still differ considerably in terms of cyclical behaviour and ...
Fiscal Policy in the 1920s and 1930s. How much different it is from the post war period's policies
(Valtion taloudellinen tutkimuskeskus VATT, 2006-11-08)
This paper deals with the fiscal behaviour of governments in the 1920s and 1930s. The intention is to see whether there were the same features in government behaviour as in the post-World War II era. In particular, attention ...