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In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic set-up, on asymmetries, externalities, and the existence of a multi-country context. We study how coalitions among fiscal and monetary authorities are formed and what are their...
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This paper studies the institutional design of the coordination of macroeconomic stabilization policies within a monetary union in the framework of linear quadratic differential games. A central role in the analysis plays the partitioned game approach of the endogenous coalition formation...
Persistent link: https://www.econbiz.de/10002658217
The effectiveness of carbon pricing as a market-based policy tool with economy-wide transformation potential has increasingly rendered it the instrument of choice among policy makers responding to challenges posed by climate change. However, the potential for jurisdictions to introduce carbon...
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Unter dem Eindruck der Finanz- und Wirtschaftskrise hat die EU das Instrumentarium zur Regulierung des Finanzmarktes … Änderungen in der EU-Finanzmarktregulierung, und ihrer möglichen Auswirkungen auf die Akteure am Europäischen Kohlenstoffmarkt …In the light of the financial and economic crisis, the EU has further developed and tightened its regulation of the …
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