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Structural distortions and decentralized fiscal policies in EMU

Beetsma, Roel; Bovenberg, Ary Lans - In: Journal of money, credit and banking : JMCB 37 (2005) 6, pp. 1001-1018

Persistent link: https://www.econbiz.de/10003262761

Revival of aggregate demand policies : introduction

Beetsma, Roel; Illing, Gerhard - In: CESifo economic studies : CESifo, a joint initiative of … 51 (2005) 4, pp. 497-509

Persistent link: https://www.econbiz.de/10003229169

Trade spillovers of fiscal policy in the European Union : a panel analysis

Beetsma, Roel (contributor); Giuliodori, Massimo (contributor) - 2005

Persistent link: https://www.econbiz.de/10003172978

What are the trade spill-overs from fiscal shocks in Europe? : An empirical analysis

Giuliodori, Massimo; Beetsma, Roel - In: De economist : Netherlands economic review ; quarterly … 153 (2005) 2, pp. 167-197

Persistent link: https://www.econbiz.de/10003125963

Reconciling stability and growth: smart pacts and structural reforms

Beetsma, Roel; Debrun, Xavier - In: IMF staff papers 51 (2004) 3, pp. 431-456

Persistent link: https://www.econbiz.de/10002733035

Structural distortions and decentralized fiscal policies in EMU

Beetsma, Roel; Bovenberg, Ary Lans - 2001

The combination of discretionary montetary policy, labor-market distortions and nominal wage rigidity yields an inflation bias as monetary policy tries to exploit nominal wage contracts to address labor-market distortions. Although an inflation target eliminates this inflation bias, it creates a...