The focus of this volume is on the European context of public
budget policy and a variety of different approaches are used -
theoretical modelling, econometrics and applied general equilibrium
modelling. Empirical evidence and case studies of European
countries are contained in all the papers.
The papers cover the four general themes of public budget
policy:
* economic stabilization, in view of the Economic and Monetary
Union in the European Community
* reinforcing structural change, involved in market liberalization
and harmonization of economic structures
* its distributional effects and implications for social
equity
* endogenous economic growth.
General
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