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, H0Política fiscal, Unió Monetària Europea, Dèficit pressupostari, Unió Europea, Stability and Growth Pact,
This paper investigates the rationales for fiscal rules in a monetary union, such as the Stability a...
Since 2008-09, the European Union (EU) experienced two major economic crises revealing all the flaws...
The chapter analyses the interaction between the monetary policy and national fiscal policies, takin...
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...
'It is widely argued that Europe's unified monetary policy calls for international coordination of f...
The fiscal policy framework of EMU and possible reforms of the Stability and Growth Pact have elicit...
Developments in fiscal policies since the start of Economic and Monetary Union have time and again r...
The paper emphasizes the distinction between the purely fiscal reasons for fiscal policy coordinatio...
This paper studies the relationship between the Stability and Growth Pact (SGP) and the coordination...
Some writers have proposed that under European Monetary Union fiscal policies should be coordinated ...
European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary...
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...
This paper investigates the rationales for fiscal rules in a monetary union, such as the Stability a...
Since 2008-09, the European Union (EU) experienced two major economic crises revealing all the flaws...
The chapter analyses the interaction between the monetary policy and national fiscal policies, takin...
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...
'It is widely argued that Europe's unified monetary policy calls for international coordination of f...
The fiscal policy framework of EMU and possible reforms of the Stability and Growth Pact have elicit...
Developments in fiscal policies since the start of Economic and Monetary Union have time and again r...
The paper emphasizes the distinction between the purely fiscal reasons for fiscal policy coordinatio...
This paper studies the relationship between the Stability and Growth Pact (SGP) and the coordination...
Some writers have proposed that under European Monetary Union fiscal policies should be coordinated ...
European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary...
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...
This paper investigates the rationales for fiscal rules in a monetary union, such as the Stability a...
Since 2008-09, the European Union (EU) experienced two major economic crises revealing all the flaws...
The chapter analyses the interaction between the monetary policy and national fiscal policies, takin...