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The Economic Consequences of the Franc Poincare

Eichengreen, Barry; Wyplosz, Charles - C.E.P.R. Discussion Papers - 1986

this period emphasize the undervaluation of the Franc Poincare of 1926 and the attendant export-led recovery. The … onslaught of the Great Depression and identify investment as the proximate driving force. We also claim that fiscal policy … played a major role explaining simultaneously the undervaluation of the franc and the investment boom. The paper presents a …

Persistent link: https://www.econbiz.de/10005281353

How Will Transatlantic Policy Interactions Change with the Advent of EMU?

Eichengreen, Barry; Ghironi, Fabio - C.E.P.R. Discussion Papers - 1997

This paper analyses US–European policy interactions under different assumptions about the policy-making regime and the nature of the fiscal environment, contrasting the standard Keynesian case with an anti-Keynesian case in which government spending cuts are expansionary. When fiscal policy is...

Persistent link: https://www.econbiz.de/10005661746