Improving the SGP Through a Proper Accounting of Public Investment

By Olivier Blanchard, Francesco Giavazzi. 2004

303 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/c007f389a11f9dd1ec8d7206372543729b6a9eac

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Citations in the corpus

Rebalancing Growth in China: A Three-Handed Approach (2006, background): “These issues have been discussed in the context of the reform of the Growth and Stability Pact in Europe (Blanchard and Giavazzi 2004); the discussion and the basic conclusion are of more general relevance.”
European Monetary Union: the dark sides of a major success (2006, methodology): “A sophisticated application to the SGP has been advanced by Blanchard and Giavazzi (2004). The problem, of course, is that it is impossible to tell good from bad public spending.”
Infrastructure and growth in Africa (2009, background): “This has resulted in the insufficient provision of infrastructure (Blanchard and Giavazzi 2004; Easterly and Servén 2003).”
Infrastructure: A survey of recent and upcoming issues (2006, background): “And should recurrent and capital expenditures be systematically separated for every sector (à la Blanchard and Giavazzi 2003).”
On Constraining Fiscal Policy Discretion in EMU (2003, background): “If enforced, they avoid large discretionary changes in fiscal policy whenever the starting position is close enough to the 3% limit.”
Public-Private Partnerships and Government Spending Limits (2008, background): “See Bassetto and Sargent (2005), Beetsma and Uhlig (1999), Blanchard and Giavazzi (2004), Calmfors (2005), Inman and Rubinfeld (1997), Koen and van den Noord (2005), and Milesi-Ferretti (2000) for further discussion of the proper control of public deficits and borrowing. and government spending…”
Sustainability of Public Debt (2008, unknown): “, Blanchard and Giavazzi (2004).”
Improving fiscal policy in the EU: the case for independent forecasts (2006, unknown): “The Debt Sustainability Pact by Pisani-Ferri (2002), the permanent balance by Buiter and Grafe (2003) and the variant of the Golden Rule suggested by Blanchard and Giavazzi (2003) are prominent examples.”
Flexible Fiscal Rules and Countercyclical Fiscal Policy (2016, background): “Of particular importance, fiscal rules have traditionally been enacted to counter the deficit bias and foster fiscal discipline, though a large body of literature has emphasized unpleasant side effects, including procyclicality (Blanchard and Giavazzi, 2004) and lower quality spending (Peletier, Dur”