Van Aarle, Bas; Garretsen, Harry; Huart, Florence - 2021
the euro-area and the non euro-area. To do so, a stylized three-country model of monetary and fiscal policy rules is …This paper studies the design, effects and interactions of monetary and fiscal policies in the euro-area and between … constructed. It is analyzed how monetary and fiscal rules affect the adjustment dynamics in the individual euro-area countries …