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Economic policy coordination in the EMU : how much scope will there be within the framework of the stability and growth pact?
Breuss, Fritz; Weber, Andrea - 1999
Persistent link: https://www.econbiz.de/10001370189
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Economic policy coordination in the EMU : how much scope will there be within the framework of the stability and growth pact?
Breuss, Fritz; Weber, Andrea - 1999
With a large-scale econometric world model we derive policy multipliers and the parameters for the utility functions for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a cooperative equilibrium. The cooperative equilibrium is...
Persistent link: https://www.econbiz.de/10011491576
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Optimal monetary and fiscal policy in a currency union
Galí, Jordi; Monacelli, Tommaso - 2006
Persistent link: https://www.econbiz.de/10003294244
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Optimal monetary and fiscal policy in a currency union
Galí, Jordi (contributor); Monacelli, Tommaso (contributor) - 2005
Persistent link: https://www.econbiz.de/10003214146
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Optimal monetary and fiscal policy in a currency union
Galí, Jordi; Monacelli, Tommaso - 2005
Persistent link: https://www.econbiz.de/10003236303
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Optimal monetary and fiscal policy in a currency union
Galí, Jordi (contributor); Monacelli, Tommaso (contributor) - 2005
Persistent link: https://www.econbiz.de/10003252342
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The macroeconomics of financial crises : how risk premiums, liquidity traps and perfect traps affect policy options
Gärtner, Manfred; Jung, Florian - 2009
markets may drive economies into recessions, it shows the following: (1) Liquidity traps may occur not only when interest … flexible exchange rates when the country is stuck in a liquidity trap; (3) Near the fringe of liquidity traps, the risk arises …
Persistent link: https://www.econbiz.de/10003885838
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Japan's fiscal policy and fiscal reconstruction
Ihori, Toshihiro (contributor);  … - 2005
Persistent link: https://www.econbiz.de/10003083705
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Expectations, monetary policy, and labor markets : lessons from the Great Depression
Reicher, Christopher Phillip - 2009
Depression ; expectations ; deflation ; zero bound ; liquidity trap …
Persistent link: https://www.econbiz.de/10003872040
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Monetary and fiscal policy in the presence of informal labour markets
Batini, Nicoletta (contributor) - 2011
Persistent link: https://www.econbiz.de/10009515651