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Which Budgetary Union for the E(M)U?

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  • Nazaré Costa Cabral

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  • Nazaré Costa Cabral, 2016. "Which Budgetary Union for the E(M)U?," Journal of Common Market Studies, Wiley Blackwell, vol. 54(6), pages 1280-1295, November.
    • Handle: RePEc:bla:jcmkts:v:54:y:2016:i:6:p:1280-1295
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    File URL: http://hdl.handle.net/10.1111/jcms.12424
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    References listed on IDEAS

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    1. Barry Eichengreen, 2000. "Saving Europe’s Automatic Stabilizers," Palgrave Macmillan Books, in: Mark Baimbridge & Brian Burkitt & Philip Whyman (ed.), The Impact of the Euro, chapter 6, pages 87-99, Palgrave Macmillan.
    2. Pierfederico Asdrubali & Bent E. Sørensen & Oved Yosha, 1996. "Channels of Interstate Risk Sharing: United States 1963–1990," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(4), pages 1081-1110.
    3. Daniel Bergvall & Claire Charbit & Dirk-Jan Kraan & Olaf Merk, 2006. "Intergovernmental Transfers and Decentralised Public Spending," OECD Journal on Budgeting, OECD Publishing, vol. 5(4), pages 111-158.
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    5. Wallace E. Oates, 1968. "The Theory of Public Finance in a Federal System," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 37-54, February.
    6. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank.
    7. Olson, Mancur, Jr, 1969. "The Principle of "Fiscal Equivalence": The Division of Responsibilities among Different Levels of Government," American Economic Review, American Economic Association, vol. 59(2), pages 479-487, May.
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    9. Sebastian Dullien & Daniela Schwarzer, 2009. "Bringing Macroeconomics into the EU Budget Debate: Why and How?," Journal of Common Market Studies, Wiley Blackwell, vol. 47(1), pages 153-174, January.
    10. Amy Verdun, 2010. "Ten years EMU: an assessment of ten critical claims," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 2(1/2), pages 144-163.
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    12. Isabelle Joumard & Per Mathis Kongsrud, 2003. "Fiscal Relations across Government Levels," OECD Economic Studies, OECD Publishing, vol. 2003(1), pages 155-229.
    13. Jacques Delpla & Jakob von Weizsäcker, 2010. "The Blue Bond Proposal," Bruegel Policy Brief 403, Bruegel.
    14. Xavier Sala-i-Martin & Jeffrey Sachs, 1991. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe From the United States," NBER Working Papers 3855, National Bureau of Economic Research, Inc.
    15. Guntram B. Wolff, 2012. "A budget for Europe's monetary union," Bruegel Policy Contributions 762, Bruegel.
    16. Hansjörg Blöchliger & David King, 2006. "Fiscal Autonomy of Sub-Central Governments," OECD Working Papers on Fiscal Federalism 2, OECD Publishing.
    17. Oscar Bajo-Rubio & Carmen Díaz-Roldán, "undated". "Insurance Mechanisms Against Asymmetric Shocks in a Monetary Union: A Proposal with an Application to EMU," Working Papers on International Economics and Finance 00-08, FEDEA.
    18. Begg, Iain, 2009. "Fiscal federalism, subsidiarity and the EU budget review," LSE Research Online Documents on Economics 23811, London School of Economics and Political Science, LSE Library.
    19. Wildasin, David E., 1997. "Externalities and bailouts : hard and soft budget constraints in intergovernmental fiscal relations," Policy Research Working Paper Series 1843, The World Bank.
    20. Jean Pisani-Ferry & Erkki Vihriälä & Guntram B. Wolff, 2013. "Options for a Euro-area fiscal capacity," Bruegel Policy Contributions 765, Bruegel.
    21. Waltraud Schelkle, 2005. "The Political Economy of Fiscal Policy Co‐ordination in EMU: From Disciplinarian Device to Insurance Arrangement," Journal of Common Market Studies, Wiley Blackwell, vol. 43(2), pages 371-391, June.
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