Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments /

This paper examines the interest spending and taxation channels through which EMU could affect the public finances. It provides a framework for examining different views on a further narrowing of interest rate differentials. A model of Blanchard and Fischer is amended to analyze the two channels, an...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Mongelli, Francesco
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1997.
Sarja:IMF Working Papers; Working Paper ; No. 1997/093
Linkit:Full text available on IMF