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

Should fiscal authorities cooperate in a monetary union with public deficit targets?

  • Identification data

    Identifier:  PC:4812
    Handle: https://hdl.handle.net/20.500.11797/PC4812
    Authors:  Ferré Carracedo, Montserrat
    Abstract:
    In this paper we analyse the setting of optimal policies in a monetary union with one monetary authority and various fiscal authorities that have a public deficit target. We will show that fiscal cooperation among the fiscal authorities, in the presence of positive supply shocks, ends up producing higher public deficits than in a non-cooperative regime. JEL No. E61, E63, F33, H0. Keywords: monetary union, fiscal policy coordination.

  • Others:

    Date: 2003
    Identifier: http://hdl.handle.net/2072/1774, 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;2003-4
    Source: RECERCAT (Dipòsit de la Recerca de Catalunya)
    Format: application/pdf, application/pdf, 112762 bytes

  • Keywords:

    Política fiscal
    Integració monetària

  • Cerca a google

    Search to google scholar