Fiscal Policy Independence in a European Monetary Union

Written By International Monetary Fund
Fiscal Policy Independence in a European Monetary Union
  • Publsiher : International Monetary Fund
  • Release : 01 March 1990
  • ISBN : 1451920911
  • Pages : 24 pages
  • Rating : /5 from reviews
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Download or read book entitled Fiscal Policy Independence in a European Monetary Union by author: International Monetary Fund which was release on 01 March 1990 and published by International Monetary Fund with total page 24 pages . This book available in PDF, EPUB and Kindle Format. The issue of whether constraints should be placed on fiscal policies when moving to European monetary union is examined in the context of the use of fiscal policy for macroeconomic stabilization purposes. Examples of shocks hitting French and German economies are considered: an appreciation of their joint exchange rate against other currencies, an inflation shock, and an oil price increase. Except in the third case, flexible use of fiscal policies in the two countries is likely to give better outcomes than a system with constraints on their use. For the oil price shock, there seems to be a good case for policy coordination, not for ceilings on fiscal deficits.

Fiscal Policy Independence in a European Monetary Union

Fiscal Policy Independence in a European Monetary Union
  • Author : International Monetary Fund
  • Publisher : International Monetary Fund
  • Release Date : 1990-03-01
  • Total pages : 24
  • ISBN : 1451920911
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Summary : The issue of whether constraints should be placed on fiscal policies when moving to European monetary union is examined in the context of the use of fiscal policy for macroeconomic stabilization purposes. Examples of shocks hitting French and German economies are considered: an appreciation of their joint exchange rate against ...

Fiscal Policy Independence in a European Monetary Union

Fiscal Policy Independence in a European Monetary Union
  • Author : Paul R. Masson,Jacques Melitz
  • Publisher : Unknown
  • Release Date : 1990
  • Total pages : 32
  • ISBN : 1451920911
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Summary : Read online Fiscal Policy Independence in a European Monetary Union written by Paul R. Masson,Jacques Melitz, published by which was released on 1990. Download full Fiscal Policy Independence in a European Monetary Union Books now! Available in PDF, ePub and Kindle....

The Economics of European Monetary Union

The Economics of European Monetary Union
  • Author : Nigel Martin HEALEY,Paul Levine
  • Publisher : Unknown
  • Release Date : 1992
  • Total pages : 32
  • ISBN : 1451920911
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Summary : Read online The Economics of European Monetary Union written by Nigel Martin HEALEY,Paul Levine, published by which was released on 1992. Download full The Economics of European Monetary Union Books now! Available in PDF, ePub and Kindle....

Fiscal Policy in Economic and Monetary Union

Fiscal Policy in Economic and Monetary Union
  • Author : Marco Buti,Daniele Franco
  • Publisher : Edward Elgar Publishing
  • Release Date : 2005-01-01
  • Total pages : 308
  • ISBN : 1451920911
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Summary : The book has many merits, and represents an important contribution to the controversial topic of European fiscal policy. I appreciated in particular the high quality and rigor of the analysis and the fact that the pros and cons of the contending opinions are presented in a fair way. It is ...

Birth of a New Currency

Birth of a New Currency
  • Author : David E. W. Laidler,C.D. Howe Institute,Finn Poschmann
  • Publisher : Unknown
  • Release Date : 1998
  • Total pages : 27
  • ISBN : 1451920911
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Summary : The introduction of a single European currency, the euro, will have major consequences for the international monetary system and hence for the economic environment in which Canada must function. This commentary explores some of the issues involved. It discusses the economics and politics of the euro, the features of the ...

Fiscal Aspects of European Monetary Integration

Fiscal Aspects of European Monetary Integration
  • Author : Thomas Juxon
  • Publisher : Cambridge University Press
  • Release Date : 1999-10-07
  • Total pages : 351
  • ISBN : 1451920911
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Summary : A survey of fiscal policy under the restrictions of a single monetary policy and the Stability Pact....

The Impact of the Euro

The Impact of the Euro
  • Author : Mark Baimbridge,B. Burkitt,P. Whyman
  • Publisher : Springer
  • Release Date : 1999-10-12
  • Total pages : 241
  • ISBN : 1451920911
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Summary : Economic and Monetary Union (EMU) will have far-reaching consequences for participating nations. This book contains a unique and editorially neutral collection of key arguments favouring and opposing membership. The economic and policy implications are evaluated by distinguished economists, whilst the impact upon national sovereignty and the world of work is ...

The European Monetary System And European Monetary Union

The European Monetary System And European Monetary Union
  • Author : Michele Fratianni,Jurgen Von Hagen
  • Publisher : Routledge
  • Release Date : 2019-09-06
  • Total pages : 248
  • ISBN : 1451920911
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Summary : When the European Monetary System (EMS) was created in 1978, economists on both sides of the Atlantic predicted its early failure. Today, EMS is alive and well, continuing to defy conventional economic wisdom. The authors address three major questions about the European Monetary System (EMS): how it came into being, how ...

Political Aspects of the Economic Monetary Union

Political Aspects of the Economic Monetary Union
  • Author : Soren Zibrandt von Dosenrode-Lynge
  • Publisher : Routledge
  • Release Date : 2018-02-06
  • Total pages : 294
  • ISBN : 1451920911
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Summary : This title was first published in 2002: Concentrating on the myriad political aspects of European Monetary Union (EMU), this volume places the EMU and the European Union (EU) in a global context. It should be useful for scholars and students of European studies, economics, modern history and international relations. Libraries and ...

Monetary and Fiscal Policy in an Integrated Europe

Monetary and Fiscal Policy in an Integrated Europe
  • Author : Barry Eichengreen,Jeffry Frieden,J├╝rgen v. Hagen
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-12-06
  • Total pages : 242
  • ISBN : 1451920911
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Summary : In this volume, a group of distinguished economists and political scientists analyze the political economy of European integration, evaluating recent developments in European monetary and fiscal policy. They consider the current situation, as well as the prospects for an Integrated Europe. The book is unique in combining perspectives from economics ...

Political Aspects of European Monetary Integration

Political Aspects of European Monetary Integration
  • Author : Horst Ungerer
  • Publisher : Unknown
  • Release Date : 1993
  • Total pages : 23
  • ISBN : 1451920911
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Summary : Read online Political Aspects of European Monetary Integration written by Horst Ungerer, published by which was released on 1993. Download full Political Aspects of European Monetary Integration Books now! Available in PDF, ePub and Kindle....

The Political Economy of Monetary Union

The Political Economy of Monetary Union
  • Author : Francesco Giordano,Sharda Persaud
  • Publisher : Routledge
  • Release Date : 2013-10-18
  • Total pages : 216
  • ISBN : 1451920911
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Summary : This book places the whole issue of monetary union in its wider political economic context. The authors discuss: * the effect of EMU on fiscal and monetary policies * Central bank independence * the impact of EMU on unemployment * ERM II * international perspectives. Drawing on their experience in the European financial markets, the ...

Monetary Unions

Monetary Unions
  • Author : Forrest Capie,Geoffrey E Wood
  • Publisher : Routledge
  • Release Date : 2003-09-01
  • Total pages : 208
  • ISBN : 1451920911
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Summary : The Economic and Monetary Union (EMU) in which some members of the European Union have joined, has prompted much discussion of monetary union. Most of this discussion has focused on the immediate issues, such as prospects for the Euro and the possibility of expanding the Euro-zone. This book stands back ...

Monetary Policy at the European Periphery

Monetary Policy at the European Periphery
  • Author : Iannis A. Mourmouras,Michael G. Arghyrou
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-12-06
  • Total pages : 218
  • ISBN : 1451920911
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Summary : At long last, monetary union has dawned in Europe. Eleven member states now share the common currency, forming a larger EMU than many observers, who thought that monetary union would initially be restricted to the core countries of the European Union, expected. The next item on the EMU agenda now ...

European Monetary Integration

European Monetary Integration
  • Author : Paul J.J. Welfens
  • Publisher : Springer Science & Business Media
  • Release Date : 2012-12-06
  • Total pages : 364
  • ISBN : 1451920911
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Summary : EC monetary integration was reinforced in the 1980s when macroeconomic convergence and a dominant role of the German Bundesbank created the basis for relatively stable exchange rates and increasing EC trade volumes. Reduced capital controls and rising capital mobility as well as German unification caused shifts and shocks which undermined ...