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