988 resultados para Labour union thought


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Otto-von-Guericke Universität Magdeburg, Fakultät für Humanwissenschaften, Univ., Dissertation, 2015

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In this paper we analyse the setting of optimal policies in a monetary union with one monetary authority and various fiscal authorities that have a public deficit target. We will show that fiscal cooperation among the fiscal authorities, in the presence of positive supply shocks, ends up producing higher public deficits than in a non-cooperative regime. JEL No. E61, E63, F33, H0. Keywords: monetary union, fiscal policy coordination.