Browsing Harvard Kennedy School by Keyword "Maastricht criteria"

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    • Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone 

      Frankel, Jeffrey A.; Schreger, Jesse M (Springer Verlag, 2013)
      Eurozone members are supposedly constrained by the fiscal caps of the Stability and Growth Pact. Yet ever since the birth of the euro, members have postponed painful adjustment. Wishful thinking has played an important ...