Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/298625 
Erscheinungsjahr: 
2020
Quellenangabe: 
[Journal:] European Journal of Government and Economics (EJGE) [ISSN:] 2254-7088 [Volume:] 9 [Issue:] 3 [Year:] 2020 [Pages:] 220-231
Verlag: 
Universidade da Coruña, A Coruña
Zusammenfassung: 
Using the model derived by Bajo-Rubio (2014), this paper estimates government budget balance-consistent growth rates for the euro area countries. A comparison of these estimates to their actual growth rates indicates that most of these countries are growing at rates that are very similar to their government balance-consistent growth rates. This finding implies that many euro area countries would not be experiencing excessive imbalances in their government budget over the long-run that could harm future economic growth. The analysis has also shown that for many euro area countries, the predictions of the model seem to be broadly consistent with their actual fiscal experience.
Schlagwörter: 
balanced budget
budget deficits
economic growth
JEL: 
E60
H60
H68
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