Sibert, Anne (1992) Government finance in a common currency area. Journal of International Money and Finance 11 (6), pp. 567-578. ISSN 0261-5606.
Abstract
European integration in 1992 may require greater exchange rate coordination thatn currently exists. The Delors report goes as far as to recommend the eventual adoption of a single currency. However, the formation of a common currency area raises fears that independent fiscal policies may produce inferior outcomes. This paper shows that lack of cooperation in fiscal policy leads to too little inflation, too high taxes, and too much government spending.
Metadata
| Item Type: | Article |
|---|---|
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Depositing User: | Sarah Hall |
| Date Deposited: | 28 Jul 2020 09:28 |
| Last Modified: | 02 Aug 2023 18:01 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/32716 |
Statistics
Additional statistics are available via IRStats2.
Archive Staff Only (login required)
