In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …

It is widely argued that Europe's unified monetary policy calls for the international coordination at the fiscal level …. We survey the issues involved with such coordination of fiscal policy as a demand management tool and we use a simple … model to investigate the circumstances under which coordination may be desirable. It turns out that coordination is …

combined with the theory of optimum currency areas. It shows how since the turn of the millennium a too expansionary monetary …

In this paper we consider a number of key issues related to the policy coordination in a monetary union that has been … shocks, fiscal coordination between all the countries is counter-productive within a monetary union. The clash between the …-Keynesian literature on policy coordination by considering not only cases of non-coordination, fiscal cooperation and the grand coalition …