Good survey of theoretical and empirical research on discretionary ... Explicit coordination only in extreme situations: Wars, disasters, deflation, ... 6 ...
... Monacelli (2000) 'EMU Fiscal Rules: ... Beetsma R. (2001) 'Does EMU Need a Stability Pact? ... 2002a) 'Public finances in the EMU- 2002,' European Economy 3. ...
Insulation Impossible: Fiscal Spillovers in a Monetary Union Banco de Espa a Conference Interactions between monetary and fiscal policies Madrid, 25-26 ...
B. Winkler - Empirica 26 (1999) pp. 287-295. EC - Euro Papers No. 45 (July 2002) THEORETICAL. Beetsma & Bovenberg (1998) Journal of International Economics 45, pp. ...
Spillover Effects of Fiscal Policy in the Europe. They can work indirectly through the economy ... 1. Economic Spillovers (or Indirect Spillovers) Debt-financed ...
Do any of these reasonably represent the EMTR or EATR? TAX COMPETITION ... Firms (EATR) ? Profit (statutory rate) ? What specific instruments can they use? ...
Title: PowerPoint Presentation Last modified by: Marius L M Created Date: 1/1/1601 12:00:00 AM Document presentation format: On-screen Show Other titles
Fiscal Policy and Macroeconomic Stabilization in The Euro Area: Possible Reforms ... multipliers (Wren-Lewis, 2000, 2002; Wijkander and Roeger, 2002; Swedish ...
Fiscal Policy and Macroeconomic Stabilization in The Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making Processes
2nd BANK OF ITALY CONFERENCE ON. MACRO MODELING IN THE POLICY ENVIRONMENT ... Not a new issue: dubbed embarrassing failure of the Mundell Fleming model, by e. ...