We wish to analyse the new rules in the European fiscal and monetary environment, and to investigate the effects of fiscal and monetary activism in Europe. The new European Central Bank has to decide on its monetary policy stance and we aim in this paper to contribute to the debate of the best overall policy rule for Euroland.
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Paper provided by European University Institute in its series Economics Working Papers with number
eco99/37.
Length: 31 pages Date of creation: 1999 Date of revision: Handle: RePEc:eui:euiwps:eco99/37
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Find related papers by JEL classification: E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy E27 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation
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