Browsing School of Economic Sciences and Business by Subject "fiscal expansion"

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  • Stability and Growth Pact: Too Young to Die, Too Old to Rock ‘n’ Roll 

    Patsoulis, Patroklos; Psychalis, Marios; Deirmentzoglou, Georgios A. (MDPI - Publisher of Open Access Journals, 2022)
    This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models argue that strict fiscal and monetary rules minimize moral hazard and crowding out, in practice many ...