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Ever since its inception EMU has been subject to controversy. The fiscal policy rules embedded in the Treaty on …
Persistent link: https://www.econbiz.de/10010261176
Ever since its inception EMU has been subject to controversy. The fiscal policy rules embedded in the Treaty on …
Persistent link: https://www.econbiz.de/10005101961
VEver since its inception EMU has been subject to controversy. The fiscal policy rules embedded in the Treaty on …
Persistent link: https://www.econbiz.de/10005696499
This paper studies stabilisation policies in a multi-country currency union of small open economies. It abstracts from … exogenous to the factors studied here. Demand-side shocks hamper monetary union stabilisation unless members face identical …
Persistent link: https://www.econbiz.de/10011604973
Economic and Monetary Union (EMU) can be characterised as a complicated set of legislation and institutions governing …
Persistent link: https://www.econbiz.de/10012148897
Persistent link: https://www.econbiz.de/10011288454
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Front-loaded fiscal austerity since the 2008 financial crisis has meant that the UK economic experience is being viewed as a kind of test case for the proposition that contractionary fiscal policy can induce an economic expansion. The discussion has often been implicitly framed in terms of the...
Persistent link: https://www.econbiz.de/10010466907
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