Author (Person) | Darvas, Zsolt, Zettelmeyer, Jeromin |
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Author (Corporate) | European Parliament: DG Internal Policies |
Publisher | European Union |
Series Title | EPRS In-Depth Analysis |
Series Details | PE 747.863 |
Publication Date | September 2023 |
ISBN | 978-92-848-1068-0 |
EC | QA- 09-23-423-EN-N |
Content Type | Research Paper |
Abstract:This paper analyses how the fiscal framework proposed by the European Commission in April 2023 might affect the interplay between fiscal and monetary policies, from three perspectives: its impact on the medium-term fiscal stance in the euro area, its design, and its implications for the ECB’s Transmission Protection Instrument (TPI). It concludes with recommendations for amending both the fiscal governance proposal and the TPI. Further information:This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 25 September 2023. |
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Source Link |
Link to Main Source
https://doi.org/10.2861/8407
Alternative sources
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Economic Governance | Situation, Fiscal Policy |
International Organisations | European Union [EU] |