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Toward A Fiscal Union for the Euro Area

Toward A Fiscal Union for the Euro Area »

Volume/Issue: 2013/9

Series: Staff Discussion Notes

Author(s): Céline Allard , Petya Koeva Brooks , John Bluedorn , Fabian Bornhorst , Franziska Ohnsorge , and Katharine Christopherson Puh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

DOI: http://dx.doi.org/10.5089/9781484307373.006

ISBN: 9781484307373

Keywords: Euro Area, Fiscal Union, Fiscal Integration, Fiscal Federalism, Fiscal Governance, Risk Sharing, fiscal risk, fiscal rules, fiscal discipline, fiscal policies,

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged in Europe, and it wi...

Toward A Fiscal Union for the Euro Area

Toward A Fiscal Union for the Euro Area »

Source: Toward A Fiscal Union for the Euro Area

Volume/Issue: 2013/9

Series: Staff Discussion Notes

Author(s): Céline Allard , Petya Koeva Brooks , John Bluedorn , Fabian Bornhorst , Franziska Ohnsorge , and Katharine Christopherson Puh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

ISBN: 9781484307373

Keywords: Euro Area, Fiscal Union, Fiscal Integration, Fiscal Federalism, Fiscal Governance, Risk Sharing, fiscal risk, fiscal rules, fiscal discipline, fiscal policies,

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged in Europe, and it wi...

Government Contingent Liabilities and the Measurement of Fiscal Impact

Government Contingent Liabilities and the Measurement of Fiscal Impact »

Source: Government Contingent Liabilities and the Measurement of Fiscal Impact

Volume/Issue: 1990/57

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1990

ISBN: 9781451967111

Keywords: social security, contingent liabilities, fiscal impact, deposit insurance, budgetary control

Conventional fiscal accounting methodologies do not appropriately account for governments’ noncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large...

Government Contingent Liabilities and the Measurement of Fiscal Impact

Government Contingent Liabilities and the Measurement of Fiscal Impact »

Volume/Issue: 1990/57

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1990

DOI: http://dx.doi.org/10.5089/9781451967111.001

ISBN: 9781451967111

Keywords: social security, contingent liabilities, fiscal impact, deposit insurance, budgetary control

Conventional fiscal accounting methodologies do not appropriately account for governments’ noncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large...