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The Stability Pack and Inefficiencies in Fiscal Policy Making in EMU

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  • Alho, Kari

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  • Alho, Kari, 2002. "The Stability Pack and Inefficiencies in Fiscal Policy Making in EMU," Discussion Papers 715, The Research Institute of the Finnish Economy.
  • Handle: RePEc:rif:dpaper:715
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    References listed on IDEAS

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    1. Roel Beetsma & Henrik Jensen, "undated". "Risk Sharing and Moral Hazard with a Stability Pact," EPRU Working Paper Series 99-11, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    2. Nickell, Stephen, 1998. "Unemployment: Questions and Some Answers," Economic Journal, Royal Economic Society, vol. 108(448), pages 802-816, May.
    3. Jensen, Henrik, 2000. "Optimal monetary policy cooperation through state-independent contracts with targets," European Economic Review, Elsevier, vol. 44(3), pages 517-539, March.
    4. Alessandra Casella, 1999. "Tradable deficit permits: efficient implementation of the Stability Pact in the European Monetary Union," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 14(29), pages 322-361.
    5. Lassila, Jukka, 1998. "Tax threats and wage formation," Labour Economics, Elsevier, vol. 5(2), pages 167-183, June.
    6. Barry Eichengreen & Charles Wyplosz, 1998. "The Stability Pact: more than a minor nuisance?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(26), pages 66-113.
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