Fiscal Policies in a Monetary Union
Hubert Kempf
Additional contact information
Hubert Kempf: École Normale Supérieure Paris-Saclay
Chapter 6 in Monetary Unions, 2022, pp 197-232 from Springer
Abstract:
Abstract Chapter 6 deals with fiscal policies in a monetary union, including those of a federal Treasury. The macroeconomic impacts of national or union-wide fiscal measures are discussed in particular by means of a variant of the IS-LM-BP model adapted to a monetary union. Monetary and fiscal policies interact. Crucially fiscal policies impact the external position of each member country (or region) and must therefore be checked as they have the potential to jeopardize the union. This makes clear that some form of fiscal discipline must be put in place in a monetary union.
Date: 2022
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-93232-9_6
Ordering information: This item can be ordered from
http://www.springer.com/9783030932329
DOI: 10.1007/978-3-030-93232-9_6
Access Statistics for this chapter
More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().