14.15-15.45 Session 3: Structural reforms and government budgets: is there a trade-off?
• F. Heinemann (ZEW): "How distant is Lisbon from Maastricht? The short-run link
between structural reforms and budgetary performance"
• R. Duval (OECD): "Fiscal positions, fiscal adjustment, and structural reforms in labour and
product markets”
- Discussant: L. Jonung (European Commission)
15.45-16.00 Coffee break
16.00-17.00 Policy panel: Structural reforms in the implementation of the revised Stability
and Growth Pact.
• J. Marin-Arcas (ECB), P. Mills (Ministry of Finance, France) and M. Buti (European
Commission).
iv
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