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The interaction of fiscal and monetary policy in a monetary union : balancing credibility and flexibility

Beetsma, Roel; Bovenberg, Ary Lans - 1995

Persistent link: https://www.econbiz.de/10000924809

The interaction of fiscal and monetary policy in a monetary union : balancing credibility and flexibility

Beetsma, Roel; Bovenberg, Ary Lans - 1995

Persistent link: https://www.econbiz.de/10000924921

The interaction of fiscal policy and monetary policy in a monetary union : balancing credibilitiy and flexibility

Beetsma, Roel; Bovenberg, Ary Lans - In: The economics of globalization : policy perspectives …, (pp. 373-405). 1999

Persistent link: https://www.econbiz.de/10001410667

Does monetary unification lead to excessive debt accumulation?

Beetsma, Roel; Bovenberg, Ary Lans - In: Journal of public economics 74 (1999) 3, pp. 299-325

Persistent link: https://www.econbiz.de/10001417956

Risk sharing and moral hazard with a stability pact

Beetsma, Roel; Jensen, Henrik - 1999 - This version: May 1999

We show how a stability pact based on deficit sanctions eliminates the exacerbation of debt accumulation that may arise from monetary unification. Moreover, by making sanctions contingent upon the economic situation of countries, the stability pact provides for risk sharing. Differences in...

Persistent link: https://www.econbiz.de/10011537229