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The Stability Pack and Inefficiencies in Fiscal Policy Making in EMU

  • Alho, Kari
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    File URL: http://www.etla.fi/wp-content/uploads/2012/09/dp715.pdf
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    Paper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number 715.

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    Length: 22 pages
    Date of creation: 2002
    Date of revision:
    Handle: RePEc:rif:dpaper:715
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    1. Alessandra Casella, 1999. "Tradable Deficit Permits: Efficient Implementation of the Stability Pacin the European Monetary Union," NBER Working Papers 7278, National Bureau of Economic Research, Inc.
    2. Beetsma, Roel & Jensen, Henrik, 1999. "Risk Sharing and Moral Hazard with a Stability Pact," CEPR Discussion Papers 2167, C.E.P.R. Discussion Papers.
    3. Barry Eichengreen & Charles Wyplosz, 1998. "The Stability Pact: more than a minor nuisance?," Economic Policy, CEPR;CES;MSH, vol. 13(26), pages 65-113, 04.
    4. Nickell, Stephen, 1998. "Unemployment: Questions and Some Answers," Economic Journal, Royal Economic Society, vol. 108(448), pages 802-16, May.
    5. Seppo Honkapohja & Erkki Koskela, 1999. "The economic crisis of the 1990s in Finland," Economic Policy, CEPR;CES;MSH, vol. 14(29), pages 399-436, October.
    6. Lassila, Jukka, 1998. "Tax threats and wage formation," Labour Economics, Elsevier, vol. 5(2), pages 167-183, June.
    7. Jensen, Henrik, 2000. "Optimal monetary policy cooperation through state-independent contracts with targets," European Economic Review, Elsevier, vol. 44(3), pages 517-539, March.
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