Foresti, Pasquale; Marani, Ugo - In: International Journal of Monetary Economics and Finance 6 (2013) 1, pp. 81-95
In this article we study the conduct of monetary policy by adopting a monetary union model in which we assume that, departing form the dominant literature, the central bank is directly concerned also about the national fiscal policies. The novelty of our analysis lies in fact that, on the basis...