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A tale of two cities: exit policies in Washington and Frankfurt

Nicola Acocella

No 117/13, Working Papers from Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF

Abstract: In this paper we study policy reactions to the crisis across the Atlantic, with specific emphasis on its Eastern side. We want to explain the different attitude of European policymakers vis-Ã -vis their USA homologues and to this end we choose the perspective of the historical roots of European monetary union (EMU) institutions.

Keywords: exit policies; monetary policy; fiscal policy; institutions (search for similar items in EconPapers)
JEL-codes: B22 E58 E63 P52 (search for similar items in EconPapers)
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