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Rotating Slumps in a Monetary Union

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  • Oliver Landmann

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    File URL: http://hdl.handle.net/10.1007/s11079-010-9192-y
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    Bibliographic Info

    Article provided by Springer in its journal Open Economies Review.

    Volume (Year): 23 (2012)
    Issue (Month): 2 (April)
    Pages: 303-317

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    Handle: RePEc:kap:openec:v:23:y:2012:i:2:p:303-317

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    Web page: http://www.springerlink.com/link.asp?id=100323

    Related research

    Keywords: Monetary union; Inflation differentials; Cyclical fluctuations; Dynamic adjustment; Monetary policy; Fiscal policy; E32; F33; F41;

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    1. John B. Taylor, 2009. "The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong," NBER Working Papers 14631, National Bureau of Economic Research, Inc.
    2. Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
    3. Roel Beetsma & Massimo Giuliodori, 2010. "The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 603-41, September.
    4. Sergio Cesaratto, 2010. "Europe, German Mercantilism and the Current Crisis," Department of Economics University of Siena 595, Department of Economics, University of Siena.
    5. Wickens, Michael R, 2007. "Is the Euro Sustainable?," CEPR Discussion Papers 6337, C.E.P.R. Discussion Papers.
    6. Dixit, Avinash & Lambertini, Luisa, 2001. "Monetary-fiscal policy interactions and commitment versus discretion in a monetary union," European Economic Review, Elsevier, vol. 45(4-6), pages 977-987, May.
    7. Angeloni Ignazio & Ehrmann Michael, 2007. "Euro Area Inflation Differentials," The B.E. Journal of Macroeconomics, De Gruyter, vol. 7(1), pages 1-36, August.
    8. Carlin, Wendy & Soskice, David, 2005. "Macroeconomics: Imperfections, Institutions, and Policies," OUP Catalogue, Oxford University Press, number 9780198776222.
    9. Kirsanova, Tatiana & Vines, David & Wren-Lewis, Simon, 2006. "Fiscal Policy and Macroeconomic Stability Within a Currency Union," CEPR Discussion Papers 5584, C.E.P.R. Discussion Papers.
    10. James Tobin, 1993. "Price Flexibility and Output Stability: An Old Keynesian View," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 45-65, Winter.
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