MACROECONOMIC STABILIZATION POLICIES IN THE EMU: SPILLOVERS, ASYMMETRIES AND INSTITUTIONS
نویسندگان
چکیده
منابع مشابه
Macroeconomic stabilization policies in the EMU : spillovers , asymmetries , and institutions
This paper studies the institutional design of the coordination of macroeconomic stabilization policies within a monetary union in the framework of linear quadratic differential games. A central role in the analysis plays the partitioned game approach of the endogenous coalition formation literature. The specific policy recommendations in the EMU context depend on the particular characteristics...
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ژورنال
عنوان ژورنال: Scottish Journal of Political Economy
سال: 2006
ISSN: 0036-9292,1467-9485
DOI: 10.1111/j.1467-9485.2006.00390.x