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Monetary and fiscal policy-makers in the European economy and monetary union: Allies or Adversaries?

Date

Authors

Neck, Reinhard

Haber, Gottfried

McKibbin, Warwick

Publisher

Kluwer Academic Publishers

Abstract

Optimal monetary and fiscal policies within the European Economic and Monetary Union (EMU) are determined by simulating a global model under alternative assumptions about the objective function of the European Central Bank (ECB) and about cooperation vs.

Keywords

Keywords: European Monetary Union; fiscal policy; monetary policy; policy making Cooperative solution; Dynamic game; European Economic and Monetary Union; European integration; Fiscal policy; Monetary policy; Non-cooperative equilibrium solution

URI

http://hdl.handle.net/1885/73069

Collections

Open Access Research

Source

Empirica

Type

Journal article

DOI

10.1023/A:1020203809986

Restricted until

2037-12-31

Downloads

File

Description

01_Neck_Monetary_and_fiscal_2002.pdf (106.78 KB)