Is Fiscal Policy Coordination in EMU Desirable?

Is Fiscal Policy Coordination in EMU Desirable?
It is widely argued that Europe's unified monetary policy calls for international coordination at the fiscal level. We survey the issues involved in such coordination in the perspective of macroeconomic stabilization. A simple model identifies the circumstances under which coordination may be desirable. Coordination is beneficial when the... READ MORE...

Publication date: November 2001
ISBN 9781451858952
$15.00

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