Post-Crisis Lesson for EMU Governance from the Principal-Agent Approach
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More about this item
KeywordsMoral Hazard; Principal-Agent; EU Economic Governance; Fiscal Compact;
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-28 (All new papers)
- NEP-CTA-2013-07-28 (Contract Theory & Applications)
- NEP-EEC-2013-07-28 (European Economics)
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