Lowering Public Debt Levels in the European Monetary Union
Lowering Public Debt Levels in the European Monetary Union
Period:
01.10.2013 – 30.09.2015
Public debt is at the core of the current economic crisis in Europe. This implies that lowering public debt is one of the key policy challenges. However, while there is no shortage of policy recommendations from academia, some of them are conflicting, and evaluating them is difficult, given that there are trade-offs. The objective of this project if to evaluate policy recommendations with respect to their impact on the level of public debt and with respect to the risk, that these expectations are not met.
