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Monetary and Fiscal Policy Design in the EMU: An Overview Author info | Abstract | Publisher info | Download info | Related research | Statistics Bas van Aarle ()
Giovanni Di Bartolomeo
Jacob Engwerda
Joseph Plasmans
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The interaction of monetary and fiscal policies is a crucial issue in a highly integrated economic area such as the European Union. This paper analyzes the design of monetary and fiscal policies in the EMU. To do so, the paper starts with an overview of the most important aspects. Next, it analyzes monetary and fiscal policy interaction in a stylized model of a monetary union, in which monetary and fiscal policy design is modeled as a dynamic stabilization game. Macroeconomic policy making and adjustment are studied under alternative forms of cooperation and in both symmetric and asymmetric settings. Copyright Kluwer Academic Publishers 2002
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Article provided by Springer in its journal Open Economies Review .
Volume (Year): 13 (2002)
Issue (Month): 4 (October)
Pages: 321-340
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Handle: RePEc:kap:openec:v:13:y:2002:i:4:p:321-340Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100323
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: macroeconomic stabilization ; EMU ; linear quadratic differential games ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Turnovsky, Stephen J & Basar, Tamer & d'Orey, Vasco, 1988.
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Beetsma, R.M.W.J. & Bovenberg, A.L., 1995.
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[Downloadable!] Beetsma, Roel M. W. J. & Lans Bovenberg, A., 1998.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Nicola Acocella & Giovanni Di Bartolomeo, 2003.
"Is a conservative central banker a (perfect) substitute for wage coordination? ,"
Macroeconomics
0307011, EconWPA.
[Downloadable!]
Other versions:
Nicola Acocella & Giovanni Bartolomeo, 2004.
"Is a Conservative Central Banker a (Perfect) Substitute for Wage Coordination? ,"
Empirica ,
Springer, vol. 31(2), pages 281-294, June.
[Downloadable!] (restricted) Nicola Acocella & Giovanni Bartolomeo, 2004.
"Is a Conservative Central Banker a (Perfect) Substitute for Wage Coordination? ,"
Economic Change and Restructuring ,
Springer, vol. 31(2), pages 281-294, June.
[Downloadable!] (restricted) Giovanni Di Bartolomeo & Debora Di Gioacchino, 2005.
"Fiscal-Monetary Policy Coordination And Debt Management: A Two Stage Dynamic Analysis ,"
Macroeconomics
0504024, EconWPA.
[Downloadable!]
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