L'adoption d'une Banque centrale commune modifie la structure des relations strategiques entre les autorites fiscales et monetaires. Cet article etudie, dans un cadre dynamique, comment une telle recomposition affecte a long terme les grandeurs macroeconomiques deficits, seigneuriages et dettes. L'analyse s'interesse aussi bien aux pays qui forment l'union moneataire qu'a ceux qui n'y participent pas.
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Paper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number
99a16.
Length: 37 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:aixmeq:99a16
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Find related papers by JEL classification: C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Investment, or Financing L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies