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County Democrats have long favored some form of fiscal oversight.
Both demand aggressive action in the form of fiscal policy.
We also find that balanced budget rules are the most effective form of fiscal rules.
It also needs a banking union and at least some form of fiscal risk sharing.
financing in the form of fiscal coordination, euro bonds and fiscal transfers.
And today's dilemmas are prompting new research: which form of fiscal stimulus is most effective?
Similar(18)
It will then be up to Merkel and François Hollande, the new French President, to put together, at least in embryonic form, some sort of fiscal union to complement the monetary union.
Various policies that are being put on the table, including forms of fiscal and monetary stimulus, try to accelerate this repair process.
Design of tax systems, transfers intended to alleviate poverty, the effect of taxes on earnings, fees intended to internalize externalities like pollution, school finance and other forms of fiscal federalism, local public goods such as schools.
"The recent labor market data signal at least steady, and potentially improving, job growth so far in 2013 despite the implementation of various forms of fiscal tightening," said Daniel Silver, an economist at JPMorgan Chase.
In its more formal statement, the fund argued that the sequester and other forms of fiscal contraction will cut this year's U.S. growth rate by almost half, undermining what might otherwise have been a fairly vigorous recovery.
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