TITLE

Fiscal policy under alternative monetary policy regimes

AUTHOR(S)
Díaz-Roldán, Carmen; Monteagudo-Cuerva, Carmelo
PUB. DATE
July 2013
SOURCE
Business & Economic Horizons;Jul2013, Vol. 9 Issue 2, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In the particular policy framework of a monetary union, the management of fiscal policy becomes an issue of special relevance, because the fiscal discipline imposed by the monetary agreements could limit the scope of stabilization fiscal policies, and its implications on economic growth. In this paper we will review the theoretical implications of fiscal policy in open economies. But we will pay special attention to the particular case of monetary unions, in order to show the relevance of the macroeconomic model behind economic policy decisions.
ACCESSION #
93814337

 

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