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Which Budgetary Union for the E(M)U?

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  • Nazaré Costa Cabral

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  • Nazaré Costa Cabral, 2016. "Which Budgetary Union for the E(M)U?," Journal of Common Market Studies, Wiley Blackwell, vol. 54(6), pages 1280-1295, November.
  • Handle: RePEc:bla:jcmkts:v:54:y:2016:i:6:p:1280-1295
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    1. Barry Eichengreen, 2000. "Saving Europe’s Automatic Stabilizers," Palgrave Macmillan Books, in: Mark Baimbridge & Brian Burkitt & Philip Whyman (ed.), The Impact of the Euro, chapter 6, pages 87-99, Palgrave Macmillan.
    2. Pierfederico Asdrubali & Bent E. Sørensen & Oved Yosha, 1996. "Channels of Interstate Risk Sharing: United States 1963–1990," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(4), pages 1081-1110.
    3. Daniel Bergvall & Claire Charbit & Dirk-Jan Kraan & Olaf Merk, 2006. "Intergovernmental Transfers and Decentralised Public Spending," OECD Journal on Budgeting, OECD Publishing, vol. 5(4), pages 111-158.
    4. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank.
    5. Guntram B. Wolff, 2012. "A budget for Europe's monetary union," Policy Contributions 762, Bruegel.
    6. Wildasin, David E., 1997. "Externalities and bailouts : hard and soft budget constraints in intergovernmental fiscal relations," Policy Research Working Paper Series 1843, The World Bank.
    7. Waltraud Schelkle, 2005. "The Political Economy of Fiscal Policy Co‐ordination in EMU: From Disciplinarian Device to Insurance Arrangement," Journal of Common Market Studies, Wiley Blackwell, vol. 43(2), pages 371-391, June.
    8. De Grauwe, Paul, 2016. "Economics of Monetary Union," OUP Catalogue, Oxford University Press, edition 11, number 9780198739876.
    9. Amy Verdun, 2010. "Ten years EMU: an assessment of ten critical claims," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 2(1/2), pages 144-163.
    10. Isabelle Joumard & Per Mathis Kongsrud, 2003. "Fiscal Relations across Government Levels," OECD Economic Studies, OECD Publishing, vol. 2003(1), pages 155-229.
    11. Oscar Bajo-Rubio & Carmen Díaz-Roldán, "undated". "Insurance Mechanisms Against Asymmetric Shocks in a Monetary Union: A Proposal with an Application to EMU," Working Papers on International Economics and Finance 00-08, FEDEA.
    12. Olson, Mancur, Jr, 1969. "The Principle of "Fiscal Equivalence": The Division of Responsibilities among Different Levels of Government," American Economic Review, American Economic Association, vol. 59(2), pages 479-487, May.
    13. Geoffrey Denton, 1977. "Reflections On Fiscal Federalism In The Eec," Journal of Common Market Studies, Wiley Blackwell, vol. 16(4), pages 283-301, December.
    14. Jakob von Weizsäcker & Jacques Delpla, 2010. "The Blue Bond Proposal," Policy Briefs 403, Bruegel.
    15. Hansjörg Blöchliger & David King, 2006. "Fiscal Autonomy of Sub-Central Governments," OECD Working Papers on Fiscal Federalism 2, OECD Publishing.
    16. Begg, Iain, 2009. "Fiscal federalism, subsidiarity and the EU budget review," LSE Research Online Documents on Economics 23811, London School of Economics and Political Science, LSE Library.
    17. Jean Pisani-Ferry & Erkki Vihriälä & Guntram B. Wolff, 2013. "Options for a Euro-area fiscal capacity," Policy Contributions 765, Bruegel.
    18. Xavier Sala-i-Martin & Jeffrey Sachs, 1991. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe From the United States," NBER Working Papers 3855, National Bureau of Economic Research, Inc.
    19. Wallace E. Oates, 1968. "The Theory of Public Finance in a Federal System," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 37-54, February.
    20. Sebastian Dullien & Daniela Schwarzer, 2009. "Bringing Macroeconomics into the EU Budget Debate: Why and How?," Journal of Common Market Studies, Wiley Blackwell, vol. 47, pages 153-174, January.
    21. Sebastian Dullien & Daniela Schwarzer, 2009. "Bringing Macroeconomics into the EU Budget Debate: Why and How?," Journal of Common Market Studies, Wiley Blackwell, vol. 47(1), pages 153-174, January.
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