101 Proposals to reform the Stability and Growth Pact. Why so many? A Survey

Table 1: Characterising variables

Code aim	Description What is the main aim of the proposal/SGP?____________	Type of variable nominal	Categories
Code aim		Type of variable nominal	Short-term stabilisation ______________1	Short-term budgetary discipline 2	Long-run sustainability 3	Optimal policy mix 4	Growth 5	Combination of aims ________6________	Market solution 7
			YES	NO
model	Does the proposal include a theoretical model?	nominal	________0	1
			YES	NO
empir	Does the proposal include empirical analysis?	nominal	________0	1
			No modification	Reinter- pretation of the Pact	Changes in rules and procedures	Changes in institutions	Changes in rules and institutions	Abolish the Pact and go for alternatives
modif	What is the proposed degree of modification?____________	ordinal	________0	1	2	3	4	_________5_________
nprop	How many proposals are being put forward?	cardinal
			Welfare	Political economy	Mixture
	Does the proposal follow a
welf	welfare or political economy approach?________	nominal	________0	1	2
	Distance between date of
date	publication and Nov. 2003 in months_________________	cardinal
			Large	Small	Both
	Do the authors originate
large	from a large or small country?___________________	nominal	________0	1	2
			YES	NO	Both
	Do the authors originate
euro	from a euro or a non-euro country?___________________	nominal	________0	1	2
			YES	NO	Both
eur	Do the authors come from a EU or a non-EU country?	nominal	________0	1	2
			YES	NO	Both
acad	Are the authors academics?	nominal	________0	1	2

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