Documents de treball producció científicaUniversitat Rovira i Virgili. Departament d'Economia

Would Fiscal Authorities in the EMU prefer to coordinate?

  • Identification data

    Identifier:  PC:4750
    Handle: https://hdl.handle.net/20.500.11797/PC4750
    Authors:  Ferré Carracedo, Montserrat
    Abstract:
    This article studies whether fiscal authorities would prefer to operate like in the current EMU or to coordinate according to the theoretical literature. The EMU approach will lead to higher volatility of interest rates, output, inflation and average budget deficits, but the SGP deficit target will be breached less often. Keywords: fiscal policy coordination, monetary union, Stability and Growth Pact. JEL No. E61, E63, F33, H0

  • Others:

    Date: 2006
    Identifier: http://hdl.handle.net/2072/3687, T-1988-2006, 1576-3382
    Departament/Institute: Universitat Rovira i Virgili. Departament d'Economia
    Language: eng
    Author: Ferré Carracedo, Montserrat
    Relation: Documents de treball del Departament d'Economia;2006-5;
    Source: RECERCAT (Dipòsit de la Recerca de Catalunya)
    Format: application/pdf, application/pdf, 343412 bytes, 24 pàgines

  • Keywords:

    Stability and Growth Pact
    Unió Europea
    Dèficit pressupostari
    Unió Monetària Europea
    Política fiscal

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