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Risk-sharing e architettura istituzionale delle politiche di stabilizzazione nell'UME: aspetti metodologici e verifica empirica

  • Davide Furceri

    ()

    (Università di Palermo)

Questo lavoro analizza l’efficacia relativa di due possibili contesti di riferimento della futura azione di politica economica in ambito europeo in termini di obiettivi di stabilizzazione: il primo, caratterizzato dall’attuale architettura istituzionale e il secondo, da un sistema fiscale di tipo federale, o da un forte coordinamento delle politiche fiscali. Ciò allo scopo di evidenziare differenze tra i due schemi e fornire valide indicazioni di politica economica che siano supportate dall’analisi empirica. I risultati mostrano che il secondo schema assorbe perfettamente eventuali shock, mentre il primo non assorbe una quota di shock che varia tra il 51% ed il 73%.

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Article provided by SIPI Spa in its journal Rivista di Politica Economica.

Volume (Year): 92 (2002)
Issue (Month): 6 (November-December)
Pages: 175-210

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Handle: RePEc:rpo:ripoec:v:92:y:2002:i:6:p:175-210
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  18. Fritz Breuss & Andrea Weber, 1999. "Economic Policy Coordination in the EMU: Implications for the Stability Pact," EUI-RSCAS Working Papers 26, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
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