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Interactions des politiques monétaire et budgétaires en union monétaire: évaluation dans un cadre nouveau keynésien

Pascale Duran-Vigneron ()

No 2006-4, EconomiX Working Papers from University of Paris Nanterre, EconomiX

Abstract: In this paper, we focus on the interactions between monetary and fiscal policies in a two-country model of a monetary union. This model has micro foundations in a framework of monopolistic competition and sticky prices. By simulations, we study the combination of optimal policies face to an asymmetric supply shock in a heterogeneous monetary union. Then we want to explore the contribution of fiscal policies in economic stabilisation according to the form of the asymmetry between the countries.

New Economics Papers: this item is included in nep-cba and nep-mac
Date: 2006
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