Is Fiscal Policy Coordination in EMU Desirable? /

It is widely argued that Europe's unified monetary policy calls for international coordination at the fiscal level. We survey the issues involved in such coordination in the perspective of macroeconomic stabilization. A simple model identifies the circumstances under which coordination may be d...

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Bibliographic Details
Main Author: Beetsma, Roel
Other Authors: Debrun, Xavier, Klaassen, Franc
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/178
Online Access:Full text available on IMF