Coordination des Politiques Budgétaires dans une Union Monétaire Hétérogène: Modélisation et Application à l'UEM

Christophe Schalck

No 2007-2, EconomiX Working Papers from University of Paris Nanterre, EconomiX

Abstract: This paper studies coordination of fiscal policies in a monetary union in terms of stabilization performance. We use a static model of closed monetary union and numerical simulations in which macroeconomic heterogeneities are introduced. Results show that the coordination is an efficient tool to increase EMU stabilization, even though coordination gains greatly varies according to macroeconomic heterogeneities. We then identify coalitions and free riding behaviours.

JEL-codes: E61 E63 F42 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007
New Economics Papers: this item is included in nep-cba, nep-eec and nep-mac
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: Coordination des Politiques Budgétaires dans une Union Monétaire Hétérogène: Modélisation et Application à l'UEM (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2007-2

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