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Jörg Bibow

How to redesign the fiscal regime of the Eurozone: an alternative take on lessons from US and Eurozone experiences

This Working Paper examines options for the design of a workable fiscal union for the euro area. It provides a comparative study of fiscal institutions in the US and euro area in order to supply lessons from the operation of the US fiscal regime that could inform the design of the, hitherto dysfunctional, euro regime. The paper argues that common... Find out more