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Fiscal risk in a monetary union
Daniel, Betty Carolyn; Shiamptanis, Christos - In: European economic review : EER 56 (2012) 6, pp. 1289-1309
Persistent link: https://www.econbiz.de/10009696320
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Gambling to preserve price (and fiscal) stability
Corsetti, Giancarlo; Maćkowiak, Bartosz - 2023
We study a model in which policy aims at aggregate price stability. A fiscal imbalance materializes that, if uncorrected, must cause inflation, but the imbalance may get corrected in the future with some probability. By maintaining price stability in the near term, monetary policy can buy time...
Persistent link: https://www.econbiz.de/10014376056
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Monetary/fiscal interactions with forty budget constraints
Bassetto, Marco; Caracciolo, Gherardo Gennaro - 2021
Persistent link: https://www.econbiz.de/10012693458
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Regimes of fiscal and monetary policy in England during the French Wars (1793-1821)
Antipa, Pamfili; Chamley, Christophe - 2019
Persistent link: https://www.econbiz.de/10012174583
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Monetary-fiscal interactions and the euro area's malaise
Jarociński, Marek; Maćkowiak, Bartosz - In: Journal of international economics 112 (2018), pp. 251-266
Persistent link: https://www.econbiz.de/10012037905
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Inflation stabilization and default risk in a currency union
Okano, Eiji; Hamano, Masashige - In: Macroeconomic dynamics 22 (2018) 7, pp. 1790-1807
Persistent link: https://www.econbiz.de/10011918177
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Passive monetary policy and active fiscal policy in a monetary union
Maćkowiak, Bartosz; Schmidt, Sebastian - 2023
? How are the price levels in the member countries determined? We extend the fiscal theory of the price level to the case of …
Persistent link: https://www.econbiz.de/10013553440
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Passive monetary policy and active fiscal policy in a monetary union
Maćkowiak, Bartosz; Schmidt, Sebastian - 2022
Persistent link: https://www.econbiz.de/10012816964
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Fiskalische Dominanz : Preisniveaustabilität und langfristige Tragfähigkeit der öffentlichen Finanzen nach der Coronakrise
Petersen, Thieß - Bertelsmann Stiftung - 2022
Persistent link: https://www.econbiz.de/10013187790
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Fiscal Solvency and Price Level Determination in a Monetary Union
Bergin, Paul R. - 2001
This paper applies the fiscal theory of price level determination to the case of a monetary union. A fiscal perspective …
Persistent link: https://www.econbiz.de/10014140740