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In 2005, the German government announced a far-reaching fiscal adjustment program. This paper...

References to policy credibility, particularly with regard to fiscal policy, are ubiquitous in...

This paper reviews alternative approaches to measuring an economy's cost competitiveness and...

Country-specific factors prevent a strong linear relationship between the legislature's budgetary...

Estimation and simulation of sustainable real exchange rates in some of the new EU accession...

This paper investigates convergence and dynamic effects of human and physical capital on growth,...