The effects of fiscal policy coordination in a monetary union: implications for EMU

This paper discusses how the member countries of a monetary union react to country-specific shocks and to shocks from the rest of the world when the budget deficit is the only instrument used to face disturbances. We develop a three-country model in which countries show different preferences regardi...

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Detalles Bibliográficos

Autor principal:	Díaz Roldán, María del Carmen
Formato:	Artículo
Lenguaje:	inglés
Publicado:	1999
Materias:	Monetary union fiscal policy policy coordination
Acceso en línea:	https://dialnet.unirioja.es/servlet/oaiart?codigo=3142428
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