On the Desirability of Coordinated Supply-side Intervention: Does a Monetary Union Matter?

Carmen Diaz-Roldan

Czech Journal of Economics and Finance (Finance a uver), 2004, vol. 54, issue 5-6, 243-251

Abstract: This paper examines the desirability of coordinated supply-side intervention within a monetary union, given the constraints on monetary and fiscal policy. The author considers an economic framework featuring independent monetary policy. In general, coordinated intervention is most useful against shocks that require distinct policy responses in each separate economy.

Keywords: monetary union; supply-side policies; policy coordination (search for similar items in EconPapers)
JEL-codes: E61 E62 F42 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:54:y:2004:i:5-6:p:243-251

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