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Staying Together or Breaking Apart: Policy-makers' Endogenous Coalitions Formation in the European Economic and Monetary Union
van Aarle, Bas; Di Bartolomeo, Giovanni; Engwerda, Jacob; … - 2002
In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …
Persistent link: https://www.econbiz.de/10010315428
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Staying together or breaking apart : policy-makers endogenous coalitions formation in the European economic and monetary union
Aarle, Bas van; Di Bartolomeo, Giovanni; Engwerda, … - 2002
In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …
Persistent link: https://www.econbiz.de/10011410410
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Macroeconomic stabilization policies in the EMU : spillovers, asymmetries, and institutions
Di Bartolomeo, Giovanni; Engwerda, Jacob; Plasmans, Joseph - 2005
game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context …
Persistent link: https://www.econbiz.de/10010261121
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Macroeconomic Policy Interaction under EMU: A Dynamic Game Approach
Aarle, Bas Van; Engwerda, Jacob; Plasmans, Joseph; … - In: Open Economies Review 12 (2001) 1, pp. 29-60
In this article, we study macroeconomic stabilization in the Economic and Monetary Union (EMU) using a dynamic game … fiscal policies and monetary policy of the European Central Bank (ECB) in the EMU. A special focus is on the effects of labor …
Persistent link: https://www.econbiz.de/10005715031
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Monetary and Fiscal Policy Design in the EMU: An Overview
Aarle, Bas van; Bartolomeo, Giovanni Di; Engwerda, Jacob; … - In: Open Economies Review 13 (2002) 4, pp. 321-340
European Union. This paper analyzes the design of monetary and fiscal policies in the EMU. To do so, the paper starts with an …
Persistent link: https://www.econbiz.de/10005715100
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Macroeconomic Stabilization Policies in the EMU: Spillovers, Asymmetries, and Institutions
Bartolomeo, Giovanni Di; Engwerda, Jacob; Plasmans, Joseph - CESifo - 2005
game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context …
Persistent link: https://www.econbiz.de/10005094245
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Staying Together or Breaking Apart: Policy-makers’ Endogenous Coalitions Formation in the European Economic and Monetary Union
Aarle, Bas van; Bartolomeo, Giovanni Di; Engwerda, Jacob; … - CESifo - 2002
In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic …
Persistent link: https://www.econbiz.de/10005051590
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Optimal fiscal feedback on debt in an economy with nominal rigidities
Kirsanova, Tatiana; Wren-Lewis, Simon - 2007
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhance or detract from the ability of the monetary authorities to stabilize output...
Persistent link: https://www.econbiz.de/10010292363
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Monetary union and macroeconomic stabilization
Groll, Dominik - 2014
It is conventionally held that countries are worse off by forming a monetary union when it comes to macroeconomic stabilization. However, this conventional view relies on assuming that monetary policy is conducted optimally. Relaxing the assumption of optimal monetary policy not only uncovers...
Persistent link: https://www.econbiz.de/10011416458
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Monetary union and macroeconomic stabilization
Groll, Dominik - 2013
It is conventionally held that countries are worse off by forming a monetary union when it comes to macroeconomic stabilization. However, this conventional view relies on assuming that monetary policy is conducted optimally. Relaxing the assumption of optimal monetary policy not only uncovers...
Persistent link: https://www.econbiz.de/10010326829