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One "monetary giant" with many "fiscal dwarfs": The efficiency of macroeconomic stabilization policies in the European Monetary Union

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  • Roberto Tamborini

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Paper provided by Department of Economics, University of Trento, Italia in its series Department of Economics Working Papers with number 0204.

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Date of creation: 2002
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Handle: RePEc:trn:utwpde:0204

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  1. Tamim Bayoumi & Barry Eichengreen, 1995. "Restraining Yourself: The Implications of Fiscal Rules for Economic Stabilization," IMF Staff Papers, Palgrave Macmillan, vol. 42(1), pages 32-48, March.
  2. Russell Cooper & Hubert Kempf, 2000. "Designing Stabilization Policy in a Monetary Union," Econometric Society World Congress 2000 Contributed Papers 0529, Econometric Society.
  3. Alberto Alesina & Roberto Perotti, 1997. "Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects," IMF Staff Papers, Palgrave Macmillan, vol. 44(2), pages 210-248, June.
  4. Buiter, Willem H & Corsetti, Giancarlo & Roubini, Nouriel, 1992. "`Excessive Deficits': Sense and Nonsense in the Treaty of Maastricht," CEPR Discussion Papers, C.E.P.R. Discussion Papers 750, C.E.P.R. Discussion Papers.
  5. Roberto Tamborini, 2001. "Living in EMU: Prices, Interest Rates and the Adjustment of Payments in a Monetary Union," Journal of Common Market Studies, Wiley Blackwell, Wiley Blackwell, vol. 39(1), pages 123-146, 03.
  6. Van Der Ploeg, F., 1990. "Macroeconomic Policy Coordination During The Various Phases Of Economic And Monetary Integration In Europe," Papers, Tilburg - Center for Economic Research 9061, Tilburg - Center for Economic Research.
  7. Allsopp, Christopher & Vines, David, 1998. "The Assessment: Macroeconomic Policy after EMU," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 14(3), pages 1-23, Autumn.
  8. André Sapir & Marco Buti, 1998. "Economic policy in EMU," ULB Institutional Repository 2013/8078, ULB -- Universite Libre de Bruxelles.
  9. Marco BUTI & Daniele FRANCO & Hedwig ONGENA, 1997. "Budgeetary Policies during Recessions : Retrospective Application of the Stability and Growth Pact” to the Post-War Period," Discussion Papers (REL - Recherches Economiques de Louvain) 1997041, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  10. Marco Buti & Werner Roeger & Jan In't Veld, 2001. "Stabilizing Output and Inflation: Policy Conflicts and Co-operation under a Stability Pact," Journal of Common Market Studies, Wiley Blackwell, Wiley Blackwell, vol. 39(5), pages 801-828, December.
  11. Paul R. Masson & Mark P. Taylor, 1993. "Fiscal Policy within Common Currency Areas," Journal of Common Market Studies, Wiley Blackwell, Wiley Blackwell, vol. 31(1), pages 29-44, 03.
  12. Jürgen von Hagen & Andrew Hughes Hallett & Rolf Strauch, 2001. "Budgetary Consolidation in EMU," European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission 148, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  13. Dixit, Avinash, 2001. "Games of monetary and fiscal interactions in the EMU," European Economic Review, Elsevier, Elsevier, vol. 45(4-6), pages 589-613, May.
  14. Buti, Marco & Franco, Daniele & Ongena, Hedwig, 1998. "Fiscal Discipline and Flexibility in EMU: The Implementation of the Stability and Growth Pact," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 14(3), pages 81-97, Autumn.
  15. Mélitz, Jacques, 1997. "Some Cross-Country Evidence about Debt, Deficits and the Behaviour of Monetary and Fiscal Authorities," CEPR Discussion Papers, C.E.P.R. Discussion Papers 1653, C.E.P.R. Discussion Papers.
  16. Kenen,Peter B., 1995. "Economic and Monetary Union in Europe," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521558839.
  17. Barry Eichengreen & Charles Wyplosz, 1998. "The Stability Pact: more than a minor nuisance?," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 13(26), pages 65-113, 04.
  18. Barry Eichengreen & Charles Wyplosz, 1993. "The Unstable EMS," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1), pages 51-144.
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Cited by:
  1. K. Vela Velupillai, 2004. "The Unreasonable Ineffectiveness of Mathematics in Economics," Working Papers, National University of Ireland Galway, Department of Economics 0080, National University of Ireland Galway, Department of Economics, revised 2004.
  2. Giuseppe Arbia & Giuseppe Espa & Diego Giuliani & Andrea Mazzitelli, 2009. "Clusters of firms in space and time," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0902, Department of Economics, University of Trento, Italia.
  3. Lionel Nesta & Flora Bellone & Patrick Musso & Stefano Schiavo, 2008. "Financial Constraints and Firm Export Behavior," Sciences Po publications 16, 2008, Sciences Po.
  4. Christopher L. Gilbert, 2008. "How to Understand High Food Prices," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0823, Department of Economics, University of Trento, Italia.
  5. Sandra Notaro & Alessandro Paletto & Roberta Raffaelli, 2008. "Does forest damage have an economic impact? A case study from the Italian Alps," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0809, Department of Economics, University of Trento, Italia.
  6. Andreozzi, Luciano, 2012. "Property rights and investments: An evolutionary approach," Games and Economic Behavior, Elsevier, Elsevier, vol. 74(1), pages 1-11.
  7. Gianluca Grimalda & Lorenzo Sacconi, 2005. "The Constitution of the Not-For-Profit Organisation: Reciprocal Conformity to Morality," Constitutional Political Economy, Springer, Springer, vol. 16(3), pages 249-276, 09.
  8. Elisabetta De Antoni, 2008. "Minsky’s Upward Instability: the Not-Too-Keynesian Optimism of a Financial Cassandra," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0812, Department of Economics, University of Trento, Italia.
  9. Lorenzo Sacconi, 2004. "A Social Contract Account for CSR as Extended Model of Corporate Governance (Part II): Compliance, Reputation and Reciprocity," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0411, Department of Economics, University of Trento, Italia.
  10. Christopher L. Gilbert, 2008. "Commodity Speculation and Commodity Investment," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0820, Department of Economics, University of Trento, Italia.
  11. Julie Dana & Christopher L. Gilbert, 2008. "Managing Agricultural Price Risk in Developing Countries," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0819, Department of Economics, University of Trento, Italia.
  12. Roberto Tamborini, 2013. "The new fiscal rules for the EMU. Threats from heterogeneity and interdependence," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 10(3), pages 415-436, December.
  13. Christopher L. Gilbert & Alexandra Tabova, 2004. "Commodity prices and debt sustainability," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0404, Department of Economics, University of Trento, Italia.
  14. Lorenzo Sacconi & Stefano Moretti, 2004. "A Fuzzy Logic and Default Reasoning Model of Social Norm and Equilibrium Selection in Games under Unforeseen Contingencies," Department of Economics Working Papers, Department of Economics, University of Trento, Italia 0412, Department of Economics, University of Trento, Italia.

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