Monetary and fiscal policies interactions in a monetary union with country-size asymmetry
Within a country-size asymmetric monetary union, idiosyncratic shocks and national fiscal stabilization policies cause asymmetric cross-border effects. These effects are a source of strategic interactions between noncoordinated fiscal and monetary policies: on the one hand, due to larger externaliti...
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Format: | article |
Language: | eng |
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2012
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Online Access: | http://hdl.handle.net/10400.22/138 |
Country: | Portugal |
Oai: | oai:recipp.ipp.pt:10400.22/138 |