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The unbearable tightness of being in a monetary union: Fiscal restrictions and regional stability
14 references·6 citing·41 second hop
The unbearable tightness of being in a monetary union: Fiscal restrictions and regional stability (2007)The unbearable tightness of being in a mo…Fiscal and monetary rules for a currency union (2008)Fiscal and monetary rules for…Monetary and fiscal policy interactions in a micro-founded model of a monetary union (2005)Monetary and fiscal policy in…Inflation Stabilization and Welfare: The Case of a Distorted Steady State (2005)Inflation Stabilization and W…Overturning Mundell: Fiscal Policy in a Monetary Union (2004)Overturning Mundell: Fiscal P…Mark-up fluctuations and fiscal policy stabilization in a monetary union (2004)Mark-up fluctuations and fisc…Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world (2004)Do the ECB and the fed really…Symbiosis of monetary and fiscal policies in a monetary union (2003)Symbiosis of monetary and fis…One Money, But Many Fiscal Policies in Europe: What are the Consequences? (2002)One Money, But Many Fiscal Po…Monetary–fiscal policy interactions and commitment versus discretion in a monetary union (2001)Monetary–fiscal policy intera…Games of monetary and fiscal interactions in the EMU (2001)Games of monetary and fiscal …An Analysis of the Stability and Growth Pact (1999)An Analysis of the Stability …Monetary union without fiscal coordination may discipline policymakers (1998)Monetary union without fiscal…Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Equilibria under ‘active’ and…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…On the optimal mix of fiscal and monetary policy actions (2022)On the optimal mix of fiscal …Fiscal transfers in a monetary union with sovereign risk (2016)Fiscal transfers in a monetar…Welfare Reversals in a Monetary Union (2014)Welfare Reversals in a Moneta…Optimal fiscal and monetary policy action in a closed economy (2014)Optimal fiscal and monetary p…Business cycle convergence in EMU: A first look at the second moment (2013)Business cycle convergence in…Federal fiscal transfer rules in monetary unions (2011)Federal fiscal transfer rules…Econometric policy evaluation: A critique (1976)Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Monetary policy and price level determinacy in a cash-in-advance economy (1994)The Role of Monetary Policy (1995)Monetary Policy and Multiple Equilibria (2001)Monetary Policy as Financial Stability Regulation (2012)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)A Theory of Optimum Currency Areas (1961)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research (2010)Linear-quadratic approximation of optimal policy problems (2011)The macroeconomic effects of fiscal policy (2011)A Positive Theory of Monetary Policy in a Natural-Rate Model (1981)A Positive Theory of Monetary Policy in a Natural Rate Model (1983)Interactions of Commitment and Discretion in Monetary and Fiscal Policies (2000)A Fiscal Union for the Euro: Some Lessons from History (2011)A Model of Balance-of-Payments Crises (1979)The Science of Monetary Policy: A New Keynesian Perspective (1999)Design Choices for Fiscal Policy Rules (2006)Time Inconsistency and Free‐Riding in a Monetary Union (2008)Currency Unions in Prospect and Retrospect (2010)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)A Positive Theory of Fiscal Deficits and Government Debt (1990)Good, bad or ugly? On the effects of fiscal rules with creative accounting (2002)An Agenda for a Growing Europe (2004)Tied to the mast? National fiscal rules in the European Union (2008)Rules, discretion and reputation in a model of monetary policy (1983)Should the European Central Bank and the Federal Reserve Be Concerned About Fiscal Policy (2002)MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY (1975)Discretion versus policy rules in practice (1993)The Effects of Government Purchases Shocks: Review and Estimates for the EU (2011)Monetary Theory and Policy, 2nd Edition (2003)Designing targeting rules for international monetary policy cooperation (2006)The Macroeconomics of Trend Inflation (2014)Monetary and Fiscal Policy Interaction in the Euro Area with Different Assumptions on the Phillips Curve (2007)Stock market response to monetary and fiscal policy shocks: Multi-country evidence (2012)
this work references cited by second hop

References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1999An Analysis of the Stability and Growth Pact352 cited
  • 2005Inflation Stabilization and Welfare: The Case of a Distorted Steady State325 cited
  • 2001Monetary–fiscal policy interactions and commitment versus discretion in a monetary union320 cited
  • 2005Monetary and fiscal policy interactions in a micro-founded model of a monetary union275 cited
  • 1998Monetary union without fiscal coordination may discipline policymakers259 cited
  • 2003Symbiosis of monetary and fiscal policies in a monetary union225 cited
  • 2008Fiscal and monetary rules for a currency union213 cited
  • 2002One Money, But Many Fiscal Policies in Europe: What are the Consequences?172 cited
  • 2004Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world160 cited
  • 2001Games of monetary and fiscal interactions in the EMU113 cited
  • 2004Overturning Mundell: Fiscal Policy in a Monetary Union86 cited
  • 2004Mark-up fluctuations and fiscal policy stabilization in a monetary union65 cited

Cited by

  • 2016

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Fiscal transfers in a monetary union with sovereign risk
55 cited
  • 2011Federal fiscal transfer rules in monetary unions41 cited
  • 2013Business cycle convergence in EMU: A first look at the second moment41 cited
  • 2022On the optimal mix of fiscal and monetary policy actions27 cited
  • 2014Optimal fiscal and monetary policy action in a closed economy26 cited
  • 2014Welfare Reversals in a Monetary Union19 cited