Tag Archives: Legalistic approach

“The Stability Pact—Rationales, Problems, Alternatives,” Kyklos, 2006

Kyklos 59(4), November 2006, with Assar Lindbeck. PDF.

… the paper makes two contributions, one analytical and one substantive. On the analytical side, we apply economic theory to identify rationales for the SGP and to develop adequate policy responses in light of these rationales. … On the substantive side, we highlight the “legalistic” perspective adopted in the SGP. …