Monetary-fiscal policy interactions and commitment versus discretion in a monetary union
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Barro, Robert J & Gordon, David B, 1983.
"A Positive Theory of Monetary Policy in a Natural Rate Model,"
Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
- Robert J. Barro & David B. Gordon, 1981. "A Positive Theory of Monetary Policy in a Natural-Rate Model," NBER Working Papers 0807, National Bureau of Economic Research, Inc.
- Levine, Paul & Brociner, Andrew, 1994.
"Fiscal policy coordination and EMU : A dynamic game approach,"
Journal of Economic Dynamics and Control, Elsevier, vol. 18(3-4), pages 699-729.
- Brociner, Andrew & Levine, Paul L, 1992. "Fiscal Policy Coordination and EMU: A Dynamic Game Approach," CEPR Discussion Papers 639, C.E.P.R. Discussion Papers.
- 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.
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Other publications TiSEM 004d10de-12f0-4be1-9a7f-d, Tilburg University, School of Economics and Management.
- Beetsma, R. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Research Memorandum 024, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Discussion Paper 1995-59, Tilburg University, Center for Economic Research.
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary Union without Fiscal Coordination May Discipline Policymakers," DELTA Working Papers 95-22, DELTA (Ecole normale supérieure).
- Russell Cooper & Hubert Kempf, 2000.
"Designing Stabilization Policy in a Monetary Union,"
Econometric Society World Congress 2000 Contributed Papers
0529, Econometric Society.
- Russell W. Cooper & Hubert Kempf, 2000. "Designing Stabilization Policy in a Monetary Union," NBER Working Papers 7607, National Bureau of Economic Research, Inc.
- Russell W. Cooper & Hubert Kempf, 2000. "Designing stabilization policy in a monetary union," Working Papers (Old Series) 0001, Federal Reserve Bank of Cleveland.
- Russell Cooper & Hubert Kempf, 2000. "Designing Stabilization Policy in a Monetary Union," Boston University - Institute for Economic Development 99, Boston University, Institute for Economic Development.
- Sibert, Anne, 1992.
"Government finance in a common currency area,"
Journal of International Money and Finance, Elsevier, vol. 11(6), pages 567-578, December.
- Anne C. Sibert, 1990. "Government finance in a common currency area," Research Working Paper 90-09, Federal Reserve Bank of Kansas City.
- Dixit, Avinash & Lambertini, Luisa, 2003. "Symbiosis of monetary and fiscal policies in a monetary union," Journal of International Economics, Elsevier, vol. 60(2), pages 235-247, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Luisa Lambertini & Paul Levine & Joseph Pearlman, 2007. "Fiscal Policy in a Monetary Union: Can Fiscal Cooperation be Counterproductive?," School of Economics Discussion Papers 1707, School of Economics, University of Surrey.
- Østrup, Finn, 2005. "Fiscal Policy and Welfare under Different Exchange Rate Regimes," Working Papers 2005-1, Copenhagen Business School, Department of Finance.
- Dixit, Avinash & Lambertini, Luisa, 2003. "Symbiosis of monetary and fiscal policies in a monetary union," Journal of International Economics, Elsevier, vol. 60(2), pages 235-247, August.
- Bohn, Frank, 2013. "Grand corruption instead of commitment? Reconsidering time-inconsistency of monetary policy," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 478-490.
- Carsten Hefeker & Michael Neugart, 2015.
"Fiscal Transfers in a Monetary Union with Exit Option,"
Review of International Economics, Wiley Blackwell, vol. 23(3), pages 489-508, August.
- Carsten Hefeker & Michael Neugart, 2015. "Fiscal Transfers in a Monetary Union with Exit Option," CESifo Working Paper Series 5244, CESifo.
- Hefeker, Carsten & Neugart, Michael, 2015. "Fiscal transfers in a monetary union with exit option," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 75221, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Carsten Hefeker, 2010.
"Fiscal reform and monetary union in West Africa,"
Journal of International Development, John Wiley & Sons, Ltd., vol. 22(1), pages 86-102.
- Hefeker, Carsten, 2003. "Fiscal Reform and Monetary Union in West Africa," HWWA Discussion Papers 224, Hamburg Institute of International Economics (HWWA).
- Hefeker, Carsten, 2003. "Fiscal Reform and Monetary Union in West Africa," Discussion Paper Series 26257, Hamburg Institute of International Economics.
- 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.
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Other publications TiSEM 004d10de-12f0-4be1-9a7f-d, Tilburg University, School of Economics and Management.
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Discussion Paper 1995-59, Tilburg University, Center for Economic Research.
- Beetsma, R.M.W.J. & Bovenberg, A.L., 1995. "Monetary Union without Fiscal Coordination May Discipline Policymakers," DELTA Working Papers 95-22, DELTA (Ecole normale supérieure).
- Beetsma, R. & Bovenberg, A.L., 1995. "Monetary union without fiscal coordination may discipline policymakers," Research Memorandum 024, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Avinash Dixit & Luisa Lambertini, 2003.
"Interactions of Commitment and Discretion in Monetary and Fiscal Policies,"
American Economic Review, American Economic Association, vol. 93(5), pages 1522-1542, December.
- Avinash Dixit & Luisa Lambertini, 2003. "Interactions of Commitment and Discretion in Monetary and Fiscal Policies," Boston College Working Papers in Economics 575, Boston College Department of Economics.
- Crespo-Cuaresma, Jesús & Fernández-Amador, Octavio, 2013.
"Business cycle convergence in EMU: A first look at the second moment,"
Journal of Macroeconomics, Elsevier, vol. 37(C), pages 265-284.
- Jesús Crespo-Cuaresma & Octavio Fernández-Amador, 2010. "Business cycle convergence in EMU: A first look at the second moment," Working Papers 2010-22, Faculty of Economics and Statistics, Universität Innsbruck.
- Adam Geršl & Martina Jašová & Jan Zápal, 2014. "Fiscal Councils and Economic Volatility," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(3), pages 190-212, June.
- Roel Beetsma & Massimo Giuliodori, 2010.
"The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research,"
Journal of Economic Literature, American Economic Association, vol. 48(3), pages 603-641, September.
- Beetsma, Roel & Giuliodori, Massimo, 2009. "The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research," CEPR Discussion Papers 7500, C.E.P.R. Discussion Papers.
- Valeria De Bonis & Pompeo Della Posta, 2005. "Strategic interactions between monetary and fiscal authorities in a monetary union," Working Papers de Economia (Economics Working Papers) 26, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
- Chortareas, Georgios & Mavrodimitrakis, Christos, 2021. "Policy conflict, coordination, and leadership in a monetary union under imperfect instrument substitutability," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 342-361.
- Grimm, Oliver & Ried, Stefan, 2007. "Macroeconomic policy in a heterogeneous Monetary Union," SFB 649 Discussion Papers 2007-028, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- repec:hum:wpaper:sfb649dp2007-028 is not listed on IDEAS
- Oliver Grimm & Stefan Ried, 2007.
"Macroeconomic Policy in a Heterogeneous Monetary Union,"
SFB 649 Discussion Papers
SFB649DP2007-028, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Oliver Grimm & Stefan Ried, 2007. "Macroeconomic Policy in a Heterogeneous Monetary Union," CER-ETH Economics working paper series 07/67, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Grimm, Oliver & Ried, Stefan, 2007. "Macroeconomic policy in a heterogeneous Monetary Union," SFB 649 Discussion Papers 2007-028, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Østrup, Finn, 2006. "The Choice of Monetary Regime," Working Papers 2005-2, Copenhagen Business School, Department of Finance.
- Ferré, Montserrat, 2008. "Fiscal policy coordination in the EMU," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 221-235.
- Juan Cristóbal Campoy & Juan Carlos Negrete, 2017. "Distortionary Taxation and Central Bank Design in a Monetary Union," Hacienda Pública Española / Review of Public Economics, IEF, vol. 222(3), pages 65-90, September.
- Pasquale Foresti, 2018.
"Monetary And Fiscal Policies Interaction In Monetary Unions,"
Journal of Economic Surveys, Wiley Blackwell, vol. 32(1), pages 226-248, February.
- Foresti, Pasquale, 2017. "Monetary and fiscal policies in interaction in monetary unions," LSE Research Online Documents on Economics 69623, London School of Economics and Political Science, LSE Library.
- Chortareas, Georgios & Mavrodimitrakis, Christos, 2017. "Strategic fiscal policies and leadership in a monetary union," European Journal of Political Economy, Elsevier, vol. 47(C), pages 133-147.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eecrev:v:45:y:2001:i:4-6:p:977-987. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eer .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.