The cyclically adjusted budget balance in EU fiscal policymaking
The cyclically adjusted budget balance in EU fiscal policymaking
复制标题
欧盟财政政策制定中的周期性调整预算平衡
DOI：
10.1007/s10272-010-0324-9
复制
发表时间：
2010
期刊：
影响因子：
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通讯作者：
A. Turrini
中科院分区：
文献类型：
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作者：
Martin Larch;A. Turrini
The cyclically adjusted budget balance (CAB) plays a key role in the EU fiscal surveillance framework. It started off in a supporting role in the shadow of the headline deficit and, before long, turned into the linchpin of the rules of the Stability and Growth Pact. The steep ascent was driven by high expectations which, with the passing of time, were only partly met. The everyday practice of the EU fiscal surveillance rapidly revealed a number of caveats of the CAB which, at times, hampered the effectiveness of fiscal surveillance. This paper provides a comprehensive review of the changing fortunes of the CAB in the EU fiscal surveillance framework. It portrays its main shortcomings and the way they are dealt with in practice.
DOI：
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发表时间：
2010
期刊：
影响因子：
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作者：
モンゴメリヘザー;Heather Montgomery;福味敦;Taizo Motonishi;横井和彦・寶少杰・孟建兵;道上真有;豊福裕二;Heather Montgomery
通讯作者：
Heather Montgomery