Sovereign Risk In The Euro Zone And Monetary Policy
Author
Abstract
Suggested Citation
DOI: 10.1142/S2251361212500115
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
- Beetsma, Roel M.W.J. & Jensen, Henrik, 2005.
"Monetary and fiscal policy interactions in a micro-founded model of a monetary union,"
Journal of International Economics, Elsevier, vol. 67(2), pages 320-352, December.
- Jensen, Henrik & Beetsma, Roel, 2002. "Monetary and fiscal policy interactions in a micro-founded model of a monetary union," Working Paper Series 166, European Central Bank.
- Beetsma, Roel & Jensen, Henrik, 2002. "Monetary and Fiscal Policy Interactions in a Micro-Funded Model of a Monetary Union," CEPR Discussion Papers 3591, C.E.P.R. Discussion Papers.
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.- Dirk Steffen & Ingo Pitterle, 2004. "Spillover Effects of Fiscal Policy Under Flexible Exchange Rates," Econometric Society 2004 Australasian Meetings 286, Econometric Society.
- Tatiana Kirsanova & Simon Wren‐Lewis, 2012.
"Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities,"
Economic Journal, Royal Economic Society, vol. 122(559), pages 238-264, March.
- Tatiana Kirsanova & Simon Wren-Lewis, 2006. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," CDMA Conference Paper Series 0609, Centre for Dynamic Macroeconomic Analysis.
- Simon Wren-Lewis & Tatiana Kirsanova, 2007. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," Economics Series Working Papers 306, University of Oxford, Department of Economics.
- Tatiana Kirsanova & Simon Wren-Lewis, 2007. "Optimal fiscal feedback on debt in an economy with nominal rigidities," FRB Atlanta Working Paper 2007-26, Federal Reserve Bank of Atlanta.
- Tatiana Kirsanova & Simon Wren-Lewis, 2007. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," Discussion Papers 0705, University of Exeter, Department of Economics.
- Roel Beetsma & Massimo Giuliodori, 2011. "The Effects of Government Purchases Shocks: Review and Estimates for the EU," Economic Journal, Royal Economic Society, vol. 121(550), pages 4-32, February.
- Fabio Ghironi, 2018.
"Macro needs micro,"
Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 34(1-2), pages 195-218.
- Ghironi, Fabio, 2017. "Macro Needs Micro," CEPR Discussion Papers 12299, C.E.P.R. Discussion Papers.
- Fabio Ghironi, 2017. "Macro Needs Micro," NBER Working Papers 23836, National Bureau of Economic Research, Inc.
- Fidrmuc, Jan, 2015.
"Political economy of fiscal unions,"
European Journal of Political Economy, Elsevier, vol. 40(PA), pages 147-157.
- Jan Fidrmuc, 2013. "Political Economy of Fiscal Unions," CEDI Discussion Paper Series 13-06, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Jan Fidrmuc, 2013. "Political Economy of Fiscal Unions," CESifo Working Paper Series 4344, CESifo.
- Stéphane Auray & Aurélien Eyquem, 2013.
"On Financial Market Incompleteness, Price Stickiness, and Welfare in a Monetary Union,"
Annals of Economics and Statistics, GENES, issue 109-110, pages 205-233.
- Stéphane Auray & Aurélien Eyquem, 2007. "On Financial Markets Incompleteness, Price Stickiness, and Welfare in a Monetary Union," Cahiers de recherche 0748, CIRPEE.
- Aurélien Eyquem & Stéphane Auray, 2008. "On financial markets incompleteness, price stickiness and welfare in a monetary union," Post-Print halshs-00325987, HAL.
- Stéphane Auray & Aurélien Eyquem, 2008. "On financial markets inclompleteness, price stickyness and welfare in a monetary union ?," Economics Working Paper Archive (University of Rennes & University of Caen) 200802, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Stéphane Auray & Aurélien Eyquem, 2008. "On Financial Markets Incompleteness, Price Stickiness, and Welfare in a Monetary Union," Cahiers de recherche 08-16, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, revised 01 Sep 2009.
- Stéphane Auray & Aurélien Eyquem, 2013. "On Financial Markets Incompleteness, Price Stickiness and Welfare in a Monetary Union," Post-Print halshs-00666055, HAL.
- David Cook & Michael B. Devereux, 2013. "The Optimal Currency Area in a Liquidity Trap," NBER Working Papers 19588, National Bureau of Economic Research, Inc.
- Jacquinot, Pascal & Clancy, Daragh & Lozej, Matija, 2014.
"The effects of government spending in a small open economy within a monetary union,"
Working Paper Series
1727, European Central Bank.
- Clancy, Daragh & Jacquinot, Pascal & Lozej, Matija, 2014. "The Effects of Government Spending in a Small Open Economy within a Monetary Union," Research Technical Papers 12/RT/14, Central Bank of Ireland.
- António Afonso & Ricardo Sousa, 2011.
"The macroeconomic effects of fiscal policy in Portugal: a Bayesian SVAR analysis,"
Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 10(1), pages 61-82, April.
- Ricardo M. Sousa & António Afonso, 2009. "The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis," NIPE Working Papers 3/2009, NIPE - Universidade do Minho.
- António Afonso & Ricardo M. Sousa, 2009. "The Macroeconomic Effects of Fiscal Policy in Portugal: a Bayesian SVAR Analysis," Working Papers Department of Economics 2009/09, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Mr. Michael Kumhof & Huixin Bi, 2009. "Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints," IMF Working Papers 2009/286, International Monetary Fund.
- Hubert Kempf & Leopold von Thadden, 2007.
"On policy interactions among nations: when do cooperation and commitment matter ?,"
2007 Meeting Papers
801, Society for Economic Dynamics.
- Hubert Kempf & Leopold von Thadden, 2008. "On policy interactions among nations: when do cooperation and commitment matter?," FRB Atlanta Working Paper 2008-05, Federal Reserve Bank of Atlanta.
- Leopold von Thadden & Hubert Kempf, 2008. "On Policy Interactions Among Nations: When Do Cooperation and Commitment Matter?," Working Papers 2008.21, Fondazione Eni Enrico Mattei.
- Kempf, H. & Von Thadden, L., 2008. "On policy interactions among nations: when do cooperation and commitment matter ?," Working papers 196, Banque de France.
- Hubert Kempf & Leopold Von Thadden, 2008. "On policy interactions among nations : when do cooperation and commitment matter ?," Post-Print halshs-00344773, HAL.
- Hubert Kempf & Leopold von Thadden, 2008. "On policy interactions among nations: when do cooperation and commitment matter?," Documents de travail du Centre d'Economie de la Sorbonne v08071, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Kempf, Hubert & von Thadden, Leopold, 2008. "On policy interactions among nations: when do cooperation and commitment matter?," Working Paper Series 880, European Central Bank.
- Hubert Kempf & Leopold Von Thadden, 2008. "On policy interactions among nations : when do cooperation and commitment matter ?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00344773, HAL.
- Aurélien Eyquem, 2007.
"Fiscal policy in an estimated model of the European monetary union,"
Post-Print
halshs-00161321, HAL.
- Aurélien Eyquem, 2007. "Fiscal Policy in an Estimated Model of the European Monetary Union," Economics Working Paper Archive (University of Rennes & University of Caen) 200705, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- repec:diw:diwfin:diwfin07042 is not listed on IDEAS
- Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2015.
"Coordination and Crisis in Monetary Unions,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 130(4), pages 1727-1779.
- Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, "undated". "Coordination and Crisis in Monetary Unions," Working Paper 165301, Harvard University OpenScholar.
- Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2015. "Coordination and Crisis in Monetary Unions," Staff Report 511, Federal Reserve Bank of Minneapolis.
- Manuel Amador & Gita Gopinath & Emmanuel Farhi & Mark Aguiar, 2015. "Coordination and Crisis in Monetary Unions," 2015 Meeting Papers 1337, Society for Economic Dynamics.
- Mark Aguiar & Manuel Amador & Emmanuel Farhi & Gita Gopinath, 2014. "Coordination and Crisis in Monetary Unions," NBER Working Papers 20277, National Bureau of Economic Research, Inc.
- Beetsma, Roel & Cimadomo, Jacopo & van Spronsen, Josha, 2024.
"One scheme fits all: A central fiscal capacity for the EMU targeting eurozone, national and regional shocks,"
European Economic Review, Elsevier, vol. 165(C).
- Beetsma, Roel & Cimadomo, Jacopo & van Spronsen, Josha, 2022. "One scheme fits all: a central fiscal capacity for the EMU targeting eurozone, national and regional shocks," Working Paper Series 2666, European Central Bank.
- Beetsma, Roel & Cimadomo, Jacopo & van Spronsen, Josha, 2022. "One Scheme Fits All: A Central Fiscal Capacity for the EMU Targeting Eurozone, National and Regional Shocks," CEPR Discussion Papers 16829, C.E.P.R. Discussion Papers.
- Andersen, Torben M., "undated". "The Macroeconomic Policy Mix in a Monetary Union with Flexible Inflation Targeting," Economics Working Papers 2003-2, Department of Economics and Business Economics, Aarhus University.
- Tatiana Kirsanova & Mathan Satchi & David Vines & Simon Wren‐Lewis, 2007.
"Optimal Fiscal Policy Rules in a Monetary Union,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1759-1784, October.
- Tatiana Kirsanova & Mathan Satchi & David Vines & Simon Wren-Lewis, 2007. "Optimal Fiscal Policy Rules in a Monetary Union," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1759-1784, October.
- Tatiana Kirsanova & David Vines & Mathan Satchi & Simon Wren-Lewis, 2005. "Optimal Fiscal Policy Rules in a Monetary Union," Money Macro and Finance (MMF) Research Group Conference 2005 40, Money Macro and Finance Research Group.
- Tatiana Kirsanova & Mathan Satchi & David Vines & Simon Wren-Lewis, 2006. "Optimal Fiscal Policy Rules in a Monetary Union," Discussion Papers 0611, University of Exeter, Department of Economics.
- Vines, David & Wren-Lewis, Simon & Kirsanova, Tatiana & Satchi, Mathan, 2006. "Optimal Fiscal Policy Rules in a Monetary Union," CEPR Discussion Papers 5533, C.E.P.R. Discussion Papers.
- Peter Bofinger & Eric Mayer, 2007.
"Monetary and Fiscal Policy Interaction in the Euro Area with Different Assumptions on the Phillips Curve,"
Open Economies Review, Springer, vol. 18(3), pages 291-305, July.
- Bofinger, Peter & Mayer, Eric, 2003. "Monetary and fiscal policy interaction in the Euro area with different assumptions on the Phillips curve," W.E.P. - Würzburg Economic Papers 40, University of Würzburg, Department of Economics.
- Bofinger, Peter & Mayer, Eric, 2004. "Monetary and Fiscal Policy Interaction in the Euro Area with different assumptions on the Phillips curve," University of Göttingen Working Papers in Economics 27, University of Goettingen, Department of Economics.
- Bofinger, Peter & Mayer, Eric, 2004. "Monetary and Fiscal policy Interaction in the Euro Area with Different Assumptions on the Phillips Curve," CEPR Discussion Papers 4790, C.E.P.R. Discussion Papers.
- Horst, Maximilian & Neyer, Ulrike & Stempel, Daniel, 2020. "Asymmetric macroeconomic effects of QE-induced increases in excess reserves in a monetary union," DICE Discussion Papers 346, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Filippo Balestrieri & Mr. Suman S Basu, 2018. "An Imperfect Financial Union With Heterogeneous Regions," IMF Working Papers 2018/205, International Monetary Fund.
- Edda Zoli, 2005. "How does fiscal policy affect monetary policy in emerging market countries?," BIS Working Papers 174, Bank for International Settlements.
More about this item
Keywords
Sovereign risk; European crisis; fixed-interest-rate rule; fiscal theory of price level; E52; E60; F41; F47;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
Statistics
Access and download statisticsCorrections
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:wsi:gjexxx:v:01:y:2012:i:02:n:s2251361212500115. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/gje/gje.shtml .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.