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Monetary conservatism and fiscal coordination in a monetary union

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  • Acocella, Nicola
  • Di Bartolomeo, Giovanni
  • Tirelli, Patrizio

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  • Acocella, Nicola & Di Bartolomeo, Giovanni & Tirelli, Patrizio, 2007. "Monetary conservatism and fiscal coordination in a monetary union," Economics Letters, Elsevier, vol. 94(1), pages 56-63, January.
    • Handle: RePEc:eee:ecolet:v:94:y:2007:i:1:p:56-63
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    1. Francesco Lippi, 2003. "Strategic Monetary Policy with Non-Atomistic Wage Setters," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(4), pages 909-919.
    2. Mr. Roel M. W. J. Beetsma & Mr. Xavier Debrun & Mr. Franc Klaassen, 2001. "Is Fiscal Policy Coordination in EMU Desirable?," IMF Working Papers 2001/178, International Monetary Fund.
    3. Beetsma, Roel M. W. J. & Lans Bovenberg, A., 1998. "Monetary union without fiscal coordination may discipline policymakers," Journal of International Economics, Elsevier, vol. 45(2), pages 239-258, August.
    4. Cukierman, Alex & Lippi, Francesco, 1999. "Central bank independence, centralization of wage bargaining, inflation and unemployment:: Theory and some evidence," European Economic Review, Elsevier, vol. 43(7), pages 1395-1434, June.
    5. repec:bla:scandj:v:87:y:1985:i:2:p:160-93 is not listed on IDEAS
    6. Lippi, Francesco, 2002. "Revisiting the case for a populist central banker," European Economic Review, Elsevier, vol. 46(3), pages 601-612, March.
    7. David Soskice & Torben Iversen, 2000. "The Nonneutrality of Monetary Policy with Large Price or Wage Setters," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(1), pages 265-284.
    8. Soskice, David & Iversen, Torben, 1998. "Multiple Wage-Bargaining Systems in the Single European Currency Area," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 14(3), pages 110-124, Autumn.
    9. Beetsma,R. & Favero,C. & Missale,A. & Muscatelli,V. A. & Natale,P. & Tirelli,P. (ed.), 2004. "Monetary Policy, Fiscal Policies and Labour Markets," Cambridge Books, Cambridge University Press, number 9780521823081, September.
    10. Guzzo, Vincenzo & Velasco, Andres, 1999. "The case for a populist Central Banker," European Economic Review, Elsevier, vol. 43(7), pages 1317-1344, June.
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    Cited by:

    1. Paolo Canofari & Giovanni Bartolomeo & Marcello Messori, 2017. "EMU Stability: Direct and Indirect Risk Sharing," Open Economies Review, Springer, vol. 28(5), pages 847-862, November.
    2. Montserrat Ferre & Judit Garcia & Carolina Manzano, 2021. "The Effects of Corruption in a Monetary Union," Open Economies Review, Springer, vol. 32(3), pages 539-557, July.
    3. Nicola Acocella & Giovanni Bartolomeo & Patrizio Tirelli, 2007. "Fiscal Leadership and Coordination in the EMU," Open Economies Review, Springer, vol. 18(3), pages 281-289, July.
    4. Cuciniello, Vincenzo, 2013. "Large labour unions and terms-of-trade externality," Economics Letters, Elsevier, vol. 120(1), pages 135-138.
    5. Pierpaolo Benigno & Paolo Canofari & Giovanni Bartolomeo & Marcello Messori, 2024. "The Spectre of Financial Dominance in the Eurozone," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 10(1), pages 59-80, March.
    6. Moïse Sidiropoulos & Blandine Zimmer, 2009. "Monetary Union Enlargement, Fiscal Policy, and Strategic Wage Setting," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 631-649, August.
    7. Cuciniello, Vincenzo & Lambertini, Luisa, 2016. "Optimal exchange rate flexibility with large labor unions," Journal of International Money and Finance, Elsevier, vol. 63(C), pages 112-136.
    8. Nicola Acocella, "undated". "Teoria e pratica della politica economica: l’eredità del recente passato," Working Papers 104/13, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    9. Cavallari, Lilia, 2012. "Optimal contracts and the role of the government in wage bargaining," Economics Letters, Elsevier, vol. 115(2), pages 160-163.
    10. Pierpaolo Benigno & Paolo Canofari & Giovanni Di Bartolomeo & Marcello Messori, 2021. "Financial Dominance in the Pandemic and Post-Pandemic European Economy," Working Papers in Public Economics 206, Department of Economics and Law, Sapienza University of Roma.
    11. Chortareas, Georgios & Mavrodimitrakis, Christos, 2016. "Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader?," Economic Modelling, Elsevier, vol. 54(C), pages 463-468.
    12. Nicola Acocella, "undated". "The theoretical roots of EMU institutions and policies during the crisis," Working Papers 126/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    13. Lilia Cavallari, 2010. "Fiscal and monetary interactions when wage-setters are large: is there a role for corporatist policies?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 37(3), pages 291-309, July.
    14. Nicola Acocella, "undated". "A tale of two cities: exit policies in Washington and Frankfurt," Working Papers 117/13, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    15. Canofari, Paolo & Di Bartolomeo, Giovanni & Messori, Marcello, 2021. "“Whatever it takes”: A plea for active monetary policies," Economics Letters, Elsevier, vol. 208(C).
    16. Dobronravova, Elizaveta (Добронравова, Елизавета), 2017. "Modeling the Processes of Economic and Monetary Integration [Моделирование Процессов Экономической И Валютной Интеграции]," Working Papers 031710, Russian Presidential Academy of National Economy and Public Administration.
    17. Acocella, Nicola, 2020. "How to Reform the EU and the EMU," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(3), pages 325-350.

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