National Bureau of Economic Research
NBER: All you ever wanted to know about the Stability and Growth Pact but were too bored to ask.

Subject: All you ever wanted to know about the Stability and Growth Pact but were too bored to ask.
From: willembuiter (willembuiter@whsmithnet.co.uk)
Date: Sat Jul 13 2002 - 18:14:29 EDT


Colleagues,

Jointly with Clemens Grafe, I have recently completed a paper titled: "Patching up the Pact; Some Suggestions for Enhancing Fiscal Sustainability and Macroeconomic Stability in an Enlarged Economic Union". The title is a fair summary. For an abstract of the paper, click http://www.nber.org/~wbuiter/pactab.pdf. For the whole enchilada, click http://www.nber.org/~wbuiter/pact.pdf.

Willem Buiter