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Sustainable fiscal policies and budgetary risk under alternative monetary policy arrangements

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Author Info
Andrew Hughes Hallett ()

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Abstract

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File URL: http://hdl.handle.net/10.1007/s10644-008-9036-6
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Publisher Info
Article provided by Springer in its journal Economic Change and Restructuring.

Volume (Year): 41 (2008)
Issue (Month): 1 (March)
Pages: 1-28
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Handle: RePEc:kap:ecopln:v:41:y:2008:i:1:p:1-28

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Web page: http://www.springerlink.com/link.asp?id=113294

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Related research
Keywords: Stackelberg leadership; Institutional coordination; Debt rules; Robust policies; E52; E61; F42;

References listed on IDEAS
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  1. Woodford, Michael, 1999. "Optimal Monetary Policy Inertia," Manchester School, University of Manchester, vol. 67(0), pages 1-35, Supplemen. [Downloadable!] (restricted)
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  2. Andrew Hughes Hallett & Diana N. Weymark, 2003. "Independent Monetary Policies and Social Equality," Working Papers 0307, Department of Economics, Vanderbilt University. [Downloadable!]
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  3. Avinash Dixit & Luisa Lambertini, 2003. "Interactions of Commitment and Discretion in Monetary and Fiscal Policies," Boston College Working Papers in Economics 575, Boston College Department of Economics. [Downloadable!]
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  4. Marco Buti & Paul van den Noord, 2003. "Discretionary Fiscal Policy and Elections: The Experience of the Early Years of EMU," OECD Economics Department Working Papers 351, OECD, Economics Department. [Downloadable!]
  5. Andrew Hughes Hallett & Diana N. Weymark, 2002. "Policy Games and the Optimal Design of Central Banks," Working Papers 0220, Department of Economics, Vanderbilt University. [Downloadable!]
  6. Hughes Hallett, Andrew & Libich, Jan & StehlĂ­k, Petr, 2007. "Monetary and Fiscal Policy Interaction with Various Degrees and Types of Commitment," CEPR Discussion Papers 6586, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  7. Beetsma, Roel M W J & Bovenberg, A Lans, 2000. " Designing Fiscal and Monetary Institutions for a European Monetary Union," Public Choice, Springer, vol. 102(3-4), pages 247-69, March. [Downloadable!] (restricted)
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  8. Beetsma, R.M.W.J. & Uhlig, H., 1997. "An analysis of the "stability pact"," Discussion Paper 59, Tilburg University, Center for Economic Research. [Downloadable!]
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  9. Tatiana Kirsanova & Sven Jari Stehn & David Vines, 2005. "The Interactions between Fiscal Policy and Monetary Policy," Oxford Review of Economic Policy, Oxford University Press, vol. 21(4), pages 532-564, Winter.
  10. Andrew Hughes Hallett & Diana N. Weymark, 2005. "Independence Before Conservatism: Transparency, Politics and Central Bank Design," German Economic Review, Blackwell Publishing, vol. 6(1), pages 1-21, 02. [Downloadable!] (restricted)
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  11. Guy Debelle & Stanley Fischer, 1994. "How independent should a central bank be?," Working Papers in Applied Economic Theory 94-05, Federal Reserve Bank of San Francisco.
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  12. Andrew Hughes Hallett & Diana N. Weymark, 2007. "Fiscal leadership and central bank design," Canadian Journal of Economics, Canadian Economics Association, vol. 40(2), pages 607-627, May. [Downloadable!] (restricted)
  13. Barro, Robert J, 1981. "Output Effects of Government Purchases," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1086-1121, December. [Downloadable!] (restricted)
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  14. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April. [Downloadable!] (restricted)
  15. Beetsma, Roel M. W. J. & Lans Bovenberg, A., 1998. "Monetary union without fiscal coordination may discipline policymakers," Journal of International Economics, Elsevier, vol. 45(2), pages 239-258, August. [Downloadable!] (restricted)
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  16. Jacob Frenkel & Morris Goldstein & Paul Masson, 1990. "The Rationale for, and Effects of, International Economic Policy Coordination," NBER Chapters, in: International Policy Coordination and Exchange Rate Fluctuations, pages 9-62 National Bureau of Economic Research, Inc. [Downloadable!]
  17. Nikola Bokan & Andrew Hughes Hallett, 2007. "The Impact of Tax, Product and Labour Market Distortions on the Phillips Curve and the Natural Rate of Unemployment," Kiel Working Papers 1336, Kiel Institute for the World Economy. [Downloadable!]
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  18. Dixit, Avinash, 2001. "Games of monetary and fiscal interactions in the EMU," European Economic Review, Elsevier, vol. 45(4-6), pages 589-613, May. [Downloadable!] (restricted)
  19. Dixit, Avinash & Lambertini, Luisa, 2003. "Symbiosis of monetary and fiscal policies in a monetary union," Journal of International Economics, Elsevier, vol. 60(2), pages 235-247, August. [Downloadable!] (restricted)
  20. Andrew Hughes Hallett, 2004. "Post-Thatcher Fiscal Strategies in the U.K.: An Interpretation," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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