The FIRSTRUN project was completed 30 April 2018.
Summary report of the project
The FIRSTRUN project is a European Union funded multinational research project that investigates the need for fiscal policy coordination in the EU. To this end, the project pursues the following interrelated goals:
- To quantify the importance of fiscal policy spillovers and the gains from fiscal policy coordination in the EU;
- to evaluate the potential role of new shock-absorbing mechanisms;
- to incorporate the key rules of the enhanced Economic governance into applied models that are used for practical fiscal policy evaluation;
- to investigate the institutional mechanisms for ensuring fiscal discipline, better fiscal policy coordination and how their legitimacy can be assured in the light of the growing disquiet about EU policies.
The Research Institute of the Finnish Economy (ETLA)
Arkadiankatu 23 B
Project Coordinator Ph.D. Niku Määttänen
Project Officer (administration, webpage) M.Sc. Pekka Vanhala
Funded by the Horizon 2020 Framework Programme of the European Union.
The duration of the project is 36 months, starting on March 1, 2015 and ending on February 28, 2018. Project id: 649261.