Maastricht's Fiscal Rules at Ten: An Assessment

By M. Buti, Gabriele Giudice. 2002

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Comparative Institutional Advantage in the European Sovereign Debt Crisis (2014, result): “However, some doubted whether the SGP possessed the credible threat against over-borrowing of its predecessor since, in contrast to the Maastricht criteria, failure to comply with the SGP would not result in EMU exclusion (Buti and Giudice, 2002; Johnston, 2012).”
An Agenda for a Growing Europe: The Sapir Report (2004, background): “11 See Buti and Giudice (2002). The analysis in their paper focuses on fiscal consolidation, but it can be extended also to the disinflationary process.”
A Tale of Two Decades: The Ecb's Monetary Policy at 20 (2019, background): “See Buti and Giudice (2002) for an interim and Leiner-Killinger and Nerlich (2019) for a recent summary of the effectiveness of the fiscal rules framework.”