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...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1997.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1997/093 |
| 在线阅读: | Full text available on IMF |