학술논문
Towards a Balanced Policy Mix under EMU
이용수 2
- 영문명
- Towards a Balanced Policy Mix under EMU: Co-ordination of Macroeconomic Policies and Economic Government ?
- 발행기관
- 세종대학교 경제통합연구소
- 저자명
- Ansgar Belke
- 간행물 정보
- 『Journal of Economic Integration』제17권 제1호, 21~53쪽, 전체 33쪽
- 주제분류
- 경제경영 > 경제학
- 파일형태
- 발행일자
- 2002.03.31
6,760원
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국문 초록
영문 초록
What kind of additional co-operation (-ordination) is necessary and feasible to cope with the new institutional set-up under EMU? Starting from the episode of the repo rate cut by the ECB in early 1999, it is asked what would have happened under a business as usual scenario. In this case, the pre-Maastricht pattern of fiscal policy would have quickly led to grave problems. A promising alternative monetary-fiscal policy mix in the first half of 1999 consisted of a restrictive fiscal policy and a monetary policy which had - within the bounds of price stability-some leeway to act counter-cyclically.
목차
Ⅰ. Introduction
Ⅱ. The Status-quo: Traces of Co-ordination and Microeconomic Policy Recommendations
Ⅲ. Macroeconomic Policy Recommendations: What Has to Be Done? Reshaping Macroeconomic Policy?
Ⅳ. Getting the Policy Mix Right: The Role of the Euro-11
Ⅴ. Summary
해당간행물 수록 논문
- Bond Pricing Before and after EMU From the Experience of the European South
- China s Accession to the World Trade Organization
- Should Small Countries Join an Existing Monetary Union ?
- Hedge Fund Leverage Before and after the Crisis
- European Real Exchange Rates after Bretton Woods
- Common Factors in Eurocurrency Rates
- Towards a Balanced Policy Mix under EMU
- Membership of EMU: A Fuzzy Clustering Analysis of Alternative Criteria
- Recent Trends in Western European Income Convergence
- Foreign Direct Investment in a Process of Economic Integration
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