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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17380 |
来源ID | Working Paper 17380 |
A Fiscal Union for the Euro: Some Lessons from History | |
Michael D. Bordo; Agnieszka Markiewicz; Lars Jonung | |
发表日期 | 2011-09-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | The recent financial crisis 2007-2009 was the longest and the deepest recession since the Great Depression of 1930. The crisis that originated in subprime mortgage markets was spread and amplified through globalised financial markets and resulted in severe debt crises in several European countries in 2010 and 2011. Events revealed that the European Union had insufficient means to halt the spiral of European debt crisis. In particular, no pan-European fiscal mechanism to face a global crisis is available at present. The aim of this study is to identify the characteristics of a robust common fiscal policy framework that could have alleviated the consequences of the recent crisis. This is done by using the political and fiscal history of five federal states; Argentina, Brazil, Canada, Germany and the United States. |
主题 | Public Economics ; Subnational Fiscal Issues |
URL | https://www.nber.org/papers/w17380 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575054 |
推荐引用方式 GB/T 7714 | Michael D. Bordo,Agnieszka Markiewicz,Lars Jonung. A Fiscal Union for the Euro: Some Lessons from History. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17380.pdf(495KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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