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Author:Leith, C.
Wren-Lewis, S.
Title:Compatibility between monetary and fiscal policy under EMU
Journal:European Economic Review
2006 : AUG, VOL. 50:6, p. 1529-556
Index terms:emu
fiscal policy
monetary policy
Freeterms:stability and growth pact
fiscal theory of the price level
Language:eng
Abstract:This article discusses a two country open economy model, where each country has overlapping generations of finitely lived consumers who supply labour to imperfectly competitive firms which can only change their prices infrequently.
SCIMA record nr: 262708
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