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A Central Fiscal Stabilization Capacity for the Euro Area

A Central Fiscal Stabilization Capacity for the Euro Area »

Source: A Central Fiscal Stabilization Capacity for the Euro Area

Volume/Issue: 2018/3

Series: Staff Discussion Notes

Author(s): Nathaniel Arnold , Bergljot Barkbu , H. Elif Ture , Hou Wang , and Jiaxiong Yao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2018

ISBN: 9781484348178

Keywords: Euro Area, Fiscal policy, Euro Area; Fiscal Integration; Macroeconomic Stabilization; Central fiscal capacity; Fiscal policy; Macroeconomic policy mix; Fiscal union;, Fiscal Integration, Macroeconomic Stabilization

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic stabilization fund fina...

A Central Fiscal Stabilization Capacity for the Euro Area Technical Appendix

A Central Fiscal Stabilization Capacity for the Euro Area Technical Appendix »

Source: A Central Fiscal Stabilization Capacity for the Euro Area

Volume/Issue: 2018/3

Series: Staff Discussion Notes

Author(s): Nathaniel Arnold , Bergljot Barkbu , H. Elif Ture , Hou Wang , and Jiaxiong Yao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2018

ISBN: 9781484348178

Keywords: Euro Area, Fiscal policy, Euro Area; Fiscal Integration; Macroeconomic Stabilization; Central fiscal capacity; Fiscal policy; Macroeconomic policy mix; Fiscal union;, Fiscal Integration, Macroeconomic Stabilization

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic stabilization fund fina...

Resolving a Large Contingent Fiscal Liability

Resolving a Large Contingent Fiscal Liability »

Source: Resolving a Large Contingent Fiscal Liability : Eastern European Experiences

Volume/Issue: 2008/159

Series: IMF Working Papers

Author(s): Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870176

Keywords: Contingent liability, macroeconomic stabilization, debt service, current account, fiscal policy, debt settlement,

On occasion, a government may find itself confronted with a need to address a large contingent or off balance sheet fiscal liability. Implementing a settlement raises issues of fiscal sustainability and macroeconom...

A Central Fiscal Stabilization Capacity for the Euro Area

A Central Fiscal Stabilization Capacity for the Euro Area »

Volume/Issue: 2018/3

Series: Staff Discussion Notes

Author(s): Nathaniel Arnold , Bergljot Barkbu , H. Elif Ture , Hou Wang , and Jiaxiong Yao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2018

DOI: http://dx.doi.org/10.5089/9781484348178.006

ISBN: 9781484348178

Keywords: Euro Area, Fiscal policy, Euro Area; Fiscal Integration; Macroeconomic Stabilization; Central fiscal capacity; Fiscal policy; Macroeconomic policy mix; Fiscal union;, Fiscal Integration, Macroeconomic Stabilization

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic stabilization fund fina...

Resolving a Large Contingent Fiscal Liability
			: Eastern European Experiences

Resolving a Large Contingent Fiscal Liability : Eastern European Experiences »

Volume/Issue: 2008/159

Series: IMF Working Papers

Author(s): Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

DOI: http://dx.doi.org/10.5089/9781451870176.001

ISBN: 9781451870176

Keywords: Contingent liability, macroeconomic stabilization, debt service, current account, fiscal policy, debt settlement,

On occasion, a government may find itself confronted with a need to address a large contingent or off balance sheet fiscal liability. Implementing a settlement raises issues of fiscal sustainability and macroeconom...