EU Fiscal Rules: A Look Back and the Way Forward

The decline of “natural real interest rates” during the last three decades is a common phenomenon in all advanced economies and can be explained by a number of structural factors: the downward trend in potential growth; population ageing, which has led to higher savings rates in many countries; and...

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Bibliographic Details
Main Author: Klaus Regling
Format: Article
Language:English
Published: Springer 2022-02-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1020-2
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