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Transatlantic monetary and fiscal policy interaction
Aarle, Bas van; Garretsen, Harry; Huart, Florence - 2003
This paper studies the design, effects and interactions of monetary and fiscal policies in the euro-area and between the euro-area and the non euro-area. To do so, a stylized three-country model of monetary and fiscal policy rules is constructed. It is analyzed how monetary and fiscal rules...
Persistent link: https://www.econbiz.de/10011509484
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EXITitis in the UK : gravity estimates in the aftermath of Brexit
Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2021
to regain the severed ties with the EU. We analyze the economic consequences of these scenarios with a state … for each of these devolved nations conditional on a renewed trade deal with the EU. …
Persistent link: https://www.econbiz.de/10012619413
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Consequences of Brexit and options for a "global Britain"
Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2017 - This version: April 19, 2017
; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for … for the EU. After reviewing all potential options, we have a simple answer to the question whether the UK has an … alternative for the existing trade agreement with the EU. The answer is: No. Only a trade agreement with the EU can compensate for …
Persistent link: https://www.econbiz.de/10011646796