Normative Aspects of Fiscal Policy in an Economic Union: a Theoretical Review

Kollintzas, T. Philippopoulos, A. and V. Vasillatos

Athens University of Economics and Business from Athens University of Economics and Business, Department of International and European Economic Studies

Abstract: This paper reviews recent theories that address cooperation and coordination issues in the conduct of fiscal policy in an economic union. This is done by discussing these issues in a complete, logically consistent framework that connects the various problems concerning fiscal policy in an economic and monetary union. The focus is on normative issues within the Europena Union.

Keywords: FISCAL POLICY; MONETARY UNION; EUROPE (search for similar items in EconPapers)
JEL-codes: F33 E62 (search for similar items in EconPapers)
Date: 1999
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