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Business Cycles and Macroeconomic Stability
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Table of Contents

I Fiscal Policies, Business Cycle and Growth.- 1 An Exploration Into the Effects of Dynamic Economic Stabilization.- 2 Optimal Public Spending in a Business Cycle Model.- 3 Welfare, Stabilization or Growth: A Comparison of Different Fiscal Objectives.- 4 Public Investment, Stabilization and Growth.- II Automatic Stabilizers in an Economic Union.- 5 Monetary Union and the Role of Automatic Stabilizers.- 6 The Efficiency of National and Regional Stabilization Policies.- 7 Insurance Against Asymetric Shocks in a European Monetary Union.- 8 Automatic Stabilizers in a European Perspective.- III Stabilization and Labour Market Policies.- 9 The Cyclical Effects of Labour Market Policy.- 10 Financing Unemployment Benefits in the Business Cycle: Stabilization, Welfare and Equity Issues.- IV Empirical Evidence, Recent Trends and Problems on Stabilization.- 11 Are Automatic Stabilizers Still Effective? The French Case in the Nineties.- 12 Output Stabilization Versus Deficit Sustainability: Is it a Trade-Off ?.- 13 The Effects of Fiscal Policy and the Maastricht Solvency Criteria on European Employment.- 14 Macroeconomic Effects of Fiscal Restructuring in Europe.

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