The Euro Area Crisis; Need for a Supranational Fiscal Risk Sharing Mechanism?
Year of publication: |
2013-09-25
|
---|---|
Authors: | Furceri, Davide ; Zdzienicka, Aleksandra |
Institutions: | International Monetary Fund (IMF) |
Subject: | Financial crisis | Euro Area | Fiscal risk | Fiscal policy | Fiscal stability | risk sharing | consumption smoothing | fiscal union | moral hazard | banking crises | moral hazard problems | private consumption | risk aversion | income variable | partial insurance | applications | negative spillovers | central budget |
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