Add to ORKGThis article studies whether fiscal authorities would prefer to operate like in the current EMU or to coordinate according to the theoretical literature. The EMU approach will lead to higher volatility of interest rates, output, inflation and average budget deficits, but the SGP deficit target will be breached less often. Keywords: fiscal policy coordination, monetary union, Stability and Growth Pact. JEL No. E61, E63, F33, H
This paper investigates the macroeconomic implications of different regimes of international fiscal ...
We examine the relations between monetary and fiscal policies in the context of a model which embodi...
21 The basic set-up '…we must avoid investing the concept of economic coordination with more th...
This article studies whether fiscal authorities would prefer to operate like in the current EMU or t...
The objective of this article is to compare the outcomes of fiscal coordination under a narrow and a...
It is widely argued that Europe's unified monetary policy calls for the international coordination a...
This paper studies the relationship between the Stability and Growth Pact (SGP) and the coordination...
'It is widely argued that Europe's unified monetary policy calls for international coordination of f...
In this paper we analyze the issue of cooperation among national fiscal authorities in a monetary un...
In a monetary union where fiscal authorities act strategically, fiscal cooperation is unlikely to em...
The fiscal policy framework of EMU and possible reforms of the Stability and Growth Pact have elicit...
The paper emphasizes the distinction between the purely fiscal reasons for fiscal policy coordinatio...
European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary...
Developments in fiscal policies since the start of Economic and Monetary Union have time and again r...
Some writers have proposed that under European Monetary Union fiscal policies should be coordinated ...
This paper investigates the macroeconomic implications of different regimes of international fiscal ...
We examine the relations between monetary and fiscal policies in the context of a model which embodi...
21 The basic set-up '…we must avoid investing the concept of economic coordination with more th...
This article studies whether fiscal authorities would prefer to operate like in the current EMU or t...
The objective of this article is to compare the outcomes of fiscal coordination under a narrow and a...
It is widely argued that Europe's unified monetary policy calls for the international coordination a...
This paper studies the relationship between the Stability and Growth Pact (SGP) and the coordination...
'It is widely argued that Europe's unified monetary policy calls for international coordination of f...
In this paper we analyze the issue of cooperation among national fiscal authorities in a monetary un...
In a monetary union where fiscal authorities act strategically, fiscal cooperation is unlikely to em...
The fiscal policy framework of EMU and possible reforms of the Stability and Growth Pact have elicit...
The paper emphasizes the distinction between the purely fiscal reasons for fiscal policy coordinatio...
European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary...
Developments in fiscal policies since the start of Economic and Monetary Union have time and again r...
Some writers have proposed that under European Monetary Union fiscal policies should be coordinated ...
This paper investigates the macroeconomic implications of different regimes of international fiscal ...
We examine the relations between monetary and fiscal policies in the context of a model which embodi...
21 The basic set-up '…we must avoid investing the concept of economic coordination with more th...