How important is fiscal policy cooperation in a currency union?

DOI10.1016/j.jedc.2013.11.002zbMath1402.91493OpenAlexW2165156735MaRDI QIDQ1994318

Eiji Okano

Publication date: 1 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2013.11.002

zbMATH Keywords

optimal monetary policyDSGEcurrency unionmonetary and fiscal policy mixpolicy cooperation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (4)

Game of thrones: accommodating monetary policies in a monetary union ⋮ Fiscal consolidation and its cross-country effects ⋮ Optimal fiscal substitutes for the exchange rate in monetary unions ⋮ Equilibrium reinsurance strategies for n insurers under a unified competition and cooperation framework

Cites Work

• Inflation differentials in a currency area: Facts, explanations and policy
• Gains from international monetary policy coordination: does it pay to be different?
• Monetary policy rules for an open economy
• Can government spending increase private consumption? the role of complementarity
• Optimal fiscal and monetary policy under sticky prices.
• IMPLEMENTING INTERNATIONAL MONETARY COOPERATION THROUGH INFLATION TARGETING
• Global Implications of Self-Oriented National Monetary Rules
• Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?
• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• The Terms of Trade, the Real Exchange Rate, and Economic Fluctuations
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy

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