Alho, Kari E.O. - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2011
demand shocks and emerged imbalances in price levels and competitiveness. We then enlarge the numerical analysis to consider … competitiveness and its fiscal balance, and the policies re-quired from the single monetary policy and the national fiscal policies … that emerged imbalances in competitiveness and price levels and the threat of ever mounting debt levels could be eliminated …