Has EMU shifted policy?

Author (Corporate)
Series Title
Series Details No.166, February 2002
Publication Date February 2002
ISSN 1016-8060
Content Type

This paper assesses the extent to which the macroeconomic policy architecture of EMU represents a break with the past. This is carried out 1) by estimating forward-looking fiscal and monetary policy rules for the Member States and 2) by analysing them within the conceptual framework of the Fiscal Theory of the Price level.

Source Link http://ec.europa.eu/economy_finance/publications/publication_summary1928_en.htm
Subject Categories
Countries / Regions