FIRSTRUN - Fiscal Rules and Strategies under Externalities and Uncertainties (H2020)

doc. Ing. Tomáš Domonkos, PhD.

Members of project
Ing. Ivana Šikulová, PhD., Ing. Marek Radvanský, PhD., RNDr. Viliam Pálenik, PhD., h.doc., Ing. Filip Ostrihoň, PhD., doc. Ing. Tomáš Domonkos, PhD.

• Basic informations
• Characteristics
• Outputs

• Duration of project:  3/2015 - 2/2018
  ID number: 649261
  Coordinator: ETLA - The Research Institiute of the Finnish Economy

• About the project

  The FIRSTRUN project is a European Union funded multinational research project that aims to investigate the need for fiscal policy coordination in the EU, to assess the coherence of the recent reforms in the economic governance framework, and to identify reforms to fill possible gaps in the current EU governance framework.

  To this end, the FIRSTRUN project pursues the following interrelated goals:

  • To assess the effectiveness of the enhanced EU economic governance in securing fiscal sustainability and effective stabilisation;
  • 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 design fiscal policy strategies that take into account the rules of the reinforced Stability and Growth Pact and other components of the EU economic governance;
  • 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 duration of the project is 36 months, starting on March 1, 2015 and ending on February 28, 2018. Project id: 649261.

  Project webpage: www.firstrun.eu

• 2015:

  ŠIKULOVÁ, Ivana. Macroeconomic imbalance procedure in the Euro-Area - ex post analysis. In European scientific journal: ESJ, august 2015, vol. 6, no. special, p. 161-175. (2015 - IndexCoper-nicus). ISSN 1857-7881. This research was financed under the Horizont 2020 program, project No. 649261 – FIRSTRUN. Dostupné na internete: http://eujournal.org/index.php/esj/article/view/ 6147/5931.

  ŠIKULOVÁ, Ivana. Macroeconomic imbalance procedure in the Euro-Area – ex post analysis, 8-11 july, Azores Islands, Portugal. In 3rd Annual International Interdisciplinary Conference, AIIC 2015, 8-11 July: proceedings [online]. 1. vyd. - Kocani, Republic of Macedonia: European Scientific Institute, ESI, 2015, p. 161-175. ISBN 978-608-4642-41-1. This research was financed under the Horizont 2020 program, project No. 649261 – FIRSTRUN. Dostupné na internete: http://aiiconfe-rence.net/images/AIIC.2015.pdf.

  2016:

  DOMONKOS, Tomáš - OSTRIHOŇ, Filip - ŠIKULOVÁ, Ivana - ŠIRAŇOVÁ, Mária. Analyzing macroeconomic imbalances in the EU. In EcoMod2016 : International Conference on Economic Modeling. Lisbon, Portugal, 6-8 July 2016 [online]. 1. ed. - Lisbon : Lisbon School of Economics & Management - Universidade de Lisboa, 2016, 19 p. This research was financed under the Horizon 2020 program, project No. 649261 – FIRSTRUN. V printovej forme vyšiel v zborníku abstraktoy EcoMod 2016 príspevok na s. 78. Dostupné na internete: http://ecomod.net/conferences/ecomod2016?tab=downloads.

  ŠIRAŇOVÁ, Mária - RADVANSKÝ, Marek. Performance of the Macroeconomic Imbalance Procedure in Light of Historical Experience in CEE Region. Warsaw, 17.-18.11.2016. In The Future of Europe : Central and Eastern Europe in a comparative perspective [proceedings] [online]. - Warsaw : CASE - Center for Social and Economic Research, 2016, 18 p. Na internete je dostupná prezentácia: Performance of the Macroeconomic Imbalance Procedure - PPT [15 slides] Dostupné na internete: http://futureofeurope.eu/user/pages/agenda-day-one/Siranova%20Radvansky%20Performance%20of%20the%20MIP.pdf.

  2017:

  DOMONKOS, Tomáš - OSTRIHOŇ, Filip - ŠIKULOVÁ, Ivana - ŠIRAŇOVÁ, Mária. Analysing the Relevance of the MIP Scoreboard’s Indicators. In National Institute Economic Review : Journal of the National Institute of Economic and Social Research, 2017, no. 239, p. R32-R52. (2017 - SCOPUS). ISSN 0027-9501.

  DOMONKOS, Tomáš - OSTRIHOŇ, Filip - ŠIKULOVÁ, Ivana - ŠIRAŇOVÁ, Mária. Analysing the Relevance and Predictive Power of the MIP Scoreboard’s Indicators : Working paper on the MIP Scoreboard [online]. 2017. 202 p. Projekt Firstrun, ID 649261. Názov z obrazovky. Dostupné na internete: http://www.firstrun.eu/files/2017/03/D2.5_DELIVERABLE_IERSAS.
  pdf.

  DOMONKOS, Tomáš - ŠIKULOVÁ, Ivana - PÁLENÍK, Viliam. The National Implementation of Coordinating Mechanisms Rules: in-depth Case Study for Slovakia. In Fiscal rules and other rule-based mechanisms in practice : introduction to case studies of four Member States [online]. - 2017, 76 p. Projekt FIRSTRUN ID 649261. Názov z obrazovky. Dostupné na internete: http://www.firstrun.eu/files/2017/04/D6.5_case_studies.pdf.

  ŠIRAŇOVÁ, Mária - OSTRIHOŇ, Filip - DOMONKOS, Tomáš - ŠIKULOVÁ, Ivana. Analysing the Relevance and Predictive Power of the Macroeconomic Imbalance Procedure (MIP) Scoreboard’s Indicators. In Workshop at Alpen-Adria-Universität Klagenfurt : Models and Methods for Analysing. - Klagenfurt, 2017. Názov z obrazovky. Dostupné na internete: http://ekonom.sav.sk/dokumenty/aktuality/Program%20Workshop%20Slovakia-Klagenfurt_final.pdf.