Policy spillovers and synergies in a monetary union

Carlos Thomas, Samuel Hurtado and Oscar Arce ()

No 1942, Working Paper Series from European Central Bank

Abstract: We provide a general equilibrium framework for analyzing the effects of supply and demand side policies, and the potential synergies between them, in an asymmetric monetary union that faces a liquidity trap and a slow deleveraging process in its JEL Classification: E44, E63, D42

Keywords: deleveraging; monetary union; structural reforms; synergies; zero lower bound (search for similar items in EconPapers)
Date: 2016-08
New Economics Papers: this item is included in nep-eec, nep-mac and nep-mon
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Citations: View citations in EconPapers (22)

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Related works:
Journal Article: Policy Spillovers and Synergies in a Monetary Union (2016)
Working Paper: Policy spillovers and synergies in a monetary union (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20161942

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