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European Monetary Union, asymmetric shocks and inertia

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Y-a-t'il une vie hors du SME? : L'expérience du Royaume-Uni

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Evaluating the UK's choice of entry rate into the ERM

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Discretionary policy in a monetary union with sovereign debt

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Discretionary policy in a monetary union with sovereign debt

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Optimal fiscal policy rules in a monetary union

Kirsanova, Tatiana; Satchi, Mathan; Vines, David; … - In: Journal of money, credit and banking : JMCB 39 (2007) 7, pp. 1759-1784

Persistent link: https://www.econbiz.de/10003549220

Optimal fiscal policy rules in a monetary union

Kirsanova, Tatiana; Satchi, Mathan; Vines, David; … - 2006

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Fiscal policy and macroeconomic stability within a currency union

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Optimal Fiscal Policy Rules in a Monetary Union

Kirsanova, Tatiana - 2006

This paper investigates the importance of fiscal policy in providing macroeconomic stabilisation in a monetary union. We use a microfounded New Keynesian model of a monetary union which incorporates persistence in inflation and non-Ricardian consumers, and derive optimal simple rules for fiscal...

Persistent link: https://www.econbiz.de/10012779123

Optimal Fiscal Policy Rules in a Monetary Union

Kirsanova, Tatiana; Satchi, Mathan; Vines, David; … - Business School, University of Exeter - 2006

This paper investigates the importance of ?scal policy in providing macroeconomic stabilisation in a monetary union. We use a microfounded New Keynesian model of a monetary union which incorporates persistence in in?ation and non-Ricardian consumers, and derive optimal simple rules for ?scal...

Persistent link: https://www.econbiz.de/10008852503