Public Finance in the EMU (1 º Sem 2019/2020)

EAP (Econometria Aplicada e Previsão) , EPP (Economia e Políticas Públicas) , EMF (Economia Monetária e Financeira) , FI (Finance)

Objetivos

Public finances are seen as a particular challenge for Monetary Union: sound public finances are key for price stability-oriented monetary policies but responsibility remains in the hand of individual governments. The Stability and Growth Pact defines a framework for fiscal policies in EMU being relevant how it has changed and how it works in practice. The course will discuss the theoretical underpinnings, empirical evidence and practical considerations that surround fiscal policies in EMU.