Toward a Fiscal Union for the Euro Area by Céline Allard, Petya Koeva Brooks, John C. Bluedorn, Fabian Bornhorst, Katharine Christopherson, Franziska Ohnsorge, Tigran Poghosyan, and an IMF Staff Team published by IMF (9/2013). The crisis has exposed a…
Lessons from the old masters on assessing equity and efficiency: A primer for fiscal policymakers by Vitor Gaspar, Paolo Mauro and Tigran Poghosyan published by IMF (10/2017). “How can a society’s well-being be measured to include not only average…
Fiscal politics in the euro area by Luc Eyraud, Vitor Gaspar and Tigran Poghosyan published by IMF (01/2017). “This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget composition and poor compliance with fiscal rules in the euro…
Fiscal crises by Kerstin Gerling, Paulo Medas, Tigran Poghosyan, Juan Farah-Yacoub, and Yizhi Xu published by IMF (2017). “A key objective of fiscal policy is to maintain the sustainability of public finances and avoid crises. Remarkably, there is very…
