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The Political Economy Under Monetary Union : Has the Euro Made a Difference?

Fratzscher, Marcel; Stracca, Livio - 2021

Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...

Persistent link: https://www.econbiz.de/10013316460

The political economy under monetary union: has the euro made a difference?

Fratzscher, Marcel; Stracca, Livio - 2008

Persistent link: https://www.econbiz.de/10003794175

The Policy Mix in the US and EMU : Evidence from a SVAR Analysis

Afonso, António - 2018

We use a SVAR approach to the effects of fiscal and monetary policies, as well as their interactions (policy mix) for the US and the Euro Area (EMU). Overall, our results show that these two cases are different from each other. First, while in the case of the US there is evidence of Keynesian...

Persistent link: https://www.econbiz.de/10012928380

Northern and Eastern enlargement of EMU : do structural reforms matter?

Hughes Hallett, Andrew; Hougaard Jensen, Svend Erik; … - 2004

Persistent link: https://www.econbiz.de/10002158373

Warum die Volkswirtschaften der Eurozone den USA und Großbritannien seit der Finanzkrise hinterherhinken: Zur Rolle von Unterschieden in der Geld- und Fiskalpolitik

Heimberger, Philipp - 2016

Finanzkrise im Vergleich von Eurozone, USA und Großbritannien. Die Eurozone erholte sich seit 2010 deutlich schleppender als die … Wirtschaftsräume wird in zwei Dimensionen analysiert; zum einen anhand eines Überblicks zur Geldpolitik der EZB nach dem Ausbruch der … Ergebnis ist, dass der restriktivere Mix aus Geld- und Fiskalpolitik in der Eurozone die im Vergleich zu den USA und …

Persistent link: https://www.econbiz.de/10012100198

The European economy at the cross roads : structural reforms, fiscal constraints, and the Lisbon agenda

Hughes Hallett, Andrew; Hougard Jensen, Svend E.; … - In: Wachstum und Stabilität in der EU : Perspektiven der …, (pp. 177-200). 2004

Persistent link: https://www.econbiz.de/10002613441

The Euro at 25 : special report on enlargement

Gros, Daniel (contributor) - 2002

Persistent link: https://www.econbiz.de/10001743530

Commitment vs. Discretion in the UK : An Empirical Investigation of Monetary and Fiscal Policy Regime

Kirsanova, Tatiana - 2013

This paper investigates the conduct of monetary and fiscal policy in the post-ERM period in the UK. Using a simple DSGE New Keynesian model of non-cooperative monetary and fiscal policy interactions under fiscal intra-period leadership, we demonstrate that the past policy in the UK is better...

Persistent link: https://www.econbiz.de/10013092801

Fiscal policy in the macroeconomic policy mix : a critique of the new consensus model and a comparison of macroeconomic policies in France, Germany, the UK and Sweden from a post-Keynesian perspective

Hein, Eckhard; Truger, Achim - 2008

ausschließlichen Konzentration auf die Geldpolitik als Stabilisierungsinstrument, wegen seiner mangelhaften Berücksichtigung der Rolle …

Persistent link: https://www.econbiz.de/10003744540

Strategic Monetary and Fiscal Policy Interactions : An Empirical Investigation

Fragetta, Matteo - 2010

This paper identifies leadership regimes in monetary-fiscal policy interactions in three countries, the UK, the US and Sweden. We specify a small-scale, structural general equilibrium model of an open economy and estimate it using Bayesian methods. We assume that the authorities can act...

Persistent link: https://www.econbiz.de/10012717237