 | Thou Shalt Not Breach: The Impact on Sovereign Spreads of Noncomplying with the EU Fiscal Rules Author/Editor: Federico Diaz Kalan, Adina Popescu, Julien Reynaud. Release Date:April, 2018 There is evidence that fiscal rules, in particular well-designed rules, are associated with lower sovereign spreads. However, the impact of noncompliance with fiscal rules on spreads has not been more...
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