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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Detalles Bibliográficos
Autor principal: Regling, Klaus
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Forum
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8853297/
https://www.ncbi.nlm.nih.gov/pubmed/35194236
http://dx.doi.org/10.1007/s10272-022-1020-2
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author Regling, Klaus
author_facet Regling, Klaus
author_sort Regling, Klaus
collection PubMed
description 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 the rising inequality in the distribution of wealth, which also increases the average savings rate.
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spelling pubmed-88532972022-02-18 EU Fiscal Rules: A Look Back and the Way Forward Regling, Klaus Inter Econ Forum 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 the rising inequality in the distribution of wealth, which also increases the average savings rate. Springer Berlin Heidelberg 2022-02-12 2022 /pmc/articles/PMC8853297/ /pubmed/35194236 http://dx.doi.org/10.1007/s10272-022-1020-2 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open Access: This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). Open Access funding provided by ZBW — Leibniz Information Centre for Economics.
spellingShingle Forum
Regling, Klaus
EU Fiscal Rules: A Look Back and the Way Forward
title EU Fiscal Rules: A Look Back and the Way Forward
title_full EU Fiscal Rules: A Look Back and the Way Forward
title_fullStr EU Fiscal Rules: A Look Back and the Way Forward
title_full_unstemmed EU Fiscal Rules: A Look Back and the Way Forward
title_short EU Fiscal Rules: A Look Back and the Way Forward
title_sort eu fiscal rules: a look back and the way forward
topic Forum
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8853297/
https://www.ncbi.nlm.nih.gov/pubmed/35194236
http://dx.doi.org/10.1007/s10272-022-1020-2
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