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Assessing the sustainability of external imbalances in the European Union

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Chocs et règles de politique économique en UEM

Huart, Florence; Aarle, Bas van; Garretsen, Harry - In: Économie et Prévision 173 (2006) 2, pp. 43-63

[eng] This paper analyzes how monetary and fiscal policy rules can achieve macroeconomic stabilization in a two-country model of an economic and monetary union. Three specific factors play a role in absorbing the effects of macroeconomic shocks : (i) the degree of flexibility of economic-policy...

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Monetary and fiscal unification in the EU: a stylized analysis

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A policymaker's guide to a Euro area stabilization fund

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Twin deficits revisited : a role for fiscal institutions?

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Labor market conditions and geographic mobility in the Eurozone

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Drowned by numbers? : stabilization properties of an EU-wide unemployment insurance system

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Macroeconomic and policy implications of eurobonds

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