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Publication year
2001Number of pages
31 p.
Source
Open Economies Review, 12, 1, (2001), pp. 29-60ISSN
Publication type
Article / Letter to editor

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Organization
Economische theorie en economisch beleid
Journal title
Open Economies Review
Volume
vol. 12
Issue
iss. 1
Page start
p. 29
Page end
p. 60
Subject
Institutional Shifts in Government and Governance in a Comparative and International ContextAbstract
In this article, we study macroeconomic stabilization in the Economic and Monetary Union (EMU) using a dynamic game approach. With the aid of a stylized macroeconomic model, this article analyzes the transmission and interaction of national fiscal policies and monetary policy of the European Central Bank (ECB) in the EMU. A special focus is on the effects of labor market institutions in the participating countries and of the introduction of fiscal stringency criteria like those imposed in the Stability and Growth Pact.
This item appears in the following Collection(s)
- Academic publications [234109]
- Electronic publications [116785]
- Nijmegen School of Management [18202]
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