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In the absence of fiscal union, the Eurozone needs a more flexible monetary policy: A reply

Author

Listed:
  • Pietro Alessandrini

    (Universita' Politecnica delle Marche; MoFiR)

  • Michele Fratianni

    (Indiana University; Universita' Politecnica delle Marche; MoFiR)

Abstract

The authors reply to Andrea Terzi’s comment on their previous paper, published in the December 2015 issue of this Review.

Suggested Citation

  • Pietro Alessandrini & Michele Fratianni, 2016. "In the absence of fiscal union, the Eurozone needs a more flexible monetary policy: A reply," PSL Quarterly Review, Economia civile, vol. 69(278), pages 287-291.
    • Handle: RePEc:psl:pslqrr:2016:35
    DOI: http://dx.doi.org/10.13133/2037-3643_69.278_5
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    More about this item

    Keywords

    Eurozone; External Imbalances; Adjustment Mechanism.;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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