Showing 1 - 2 of 2
We study gains from introducing a common numerical fiscal rule in a "Union" of model economies facing sovereign default risk. We show that among economies in the Union, there is significant disagreement about the common debt limit the Union should implement: the limit preferred by some economies...
Persistent link: https://www.econbiz.de/10012605545
Persistent link: https://www.econbiz.de/10012392477