Giuliodori, Massimo (contributor); Beetsma, Roel (contributor) - 2004
to significant increases in
imports from a number of European countries. In order to mimic the case of monetary
union, we …-makers and experts view a tighter co-ordination of fiscal policies as a
prerequisite for a well-functioning monetary union in …-over effects that we find may a priori not be representative of what one can
expect under a monetary union. Therefore, we try to …