Fiscal adjustment in greece : in search for sustainable public finances


Aarle, Bas van ; Kappler, Marcus


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URL: https://ub-madoc.bib.uni-mannheim.de/31371
URN: urn:nbn:de:bsz:180-madoc-313718
Document Type: Working paper
Year of publication: 2011
The title of a journal, publication series: ZEW Discussion Papers
Volume: 11-080
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW)
MADOC publication series: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: F31 , F41 , G15,
Subject headings (SWD): Griechenland , Finanzpolitik , Nachhaltigkeit , Eurozone , Regelgebundene Politik
Keywords (English): Greece , euro area , fiscal policy , policy rules , fiscal sustainability
Abstract: This paper analyses Greek fiscal sustainability from a retrospective and a prospective view. Implications of Greek fiscal (un)sustainability are discussed. In the empirical analysis econometric testing of Greek government solvency during the period 1985-2008 is combined with a scenario analysis of budgetary adjustments during the period 2011-2030 under alternative hypotheses.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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