The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability

Download The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 145184929X
Total Pages : 47 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability by : Mr.Francesco P. Mongelli

Download or read book The Effects of the European Economic and Monetary Union (EMU)on National Fiscal Sustainability written by Mr.Francesco P. Mongelli and published by International Monetary Fund. This book was released on 1996-07-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a methodology to analyze the responsiveness of fiscal sustainability to the “endogenous fiscal discipline” that will be strengthened by the EMU. This discipline arises in response to the harmonization of tax systems, the loss of control of current and prospective money financing, and the deepening of financial market-based discipline. The model used in this paper is a generalization of Blanchard’s (1984) model, in which the interest rate is determined endogenously. This provides the framework to analyze more features of the linkage between sustainability and endogenous fiscal discipline. This paper also presents a new intratemporal fiscal sustainability index.

The Effects of the European Economic and Monetary Union 8 EMU ) on National Fiscal Sustainability

Download The Effects of the European Economic and Monetary Union 8 EMU ) on National Fiscal Sustainability PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis The Effects of the European Economic and Monetary Union 8 EMU ) on National Fiscal Sustainability by : Francesco P. Mongelli

Download or read book The Effects of the European Economic and Monetary Union 8 EMU ) on National Fiscal Sustainability written by Francesco P. Mongelli and published by . This book was released on 1996 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments

Download Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments by : Francesco P. Mongelli

Download or read book Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments written by Francesco P. Mongelli and published by International Monetary Fund. This book was released on 1997-07 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current members of the European Union (EU) are becoming increasingly integrated from an economic and financial standpoint. In the coming years, some EU members may also establish the European Economic and Monetary Union (EMU) and adopt a common single currency, the euro. While integration was deepening, the fiscal performance of most EU members gradually deteriorated leading to higher, albeit uneven, public indebtedness. How could the EMU affect the public finances of the participating countries?

Effects of the European Economic and Monetary Union EMU on Taxation and Interest Spending of National Governments

Download Effects of the European Economic and Monetary Union EMU on Taxation and Interest Spending of National Governments PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (848 download)

DOWNLOAD NOW!


Book Synopsis Effects of the European Economic and Monetary Union EMU on Taxation and Interest Spending of National Governments by : Francesco Paolo Mongelli

Download or read book Effects of the European Economic and Monetary Union EMU on Taxation and Interest Spending of National Governments written by Francesco Paolo Mongelli and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments

Download Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451951272
Total Pages : 37 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments by : Mr.Francesco P. Mongelli

Download or read book Effects of the European Economic and Monetary Union (EMU) on Taxation and Interest Spending of National Governments written by Mr.Francesco P. Mongelli and published by International Monetary Fund. This book was released on 1997-07-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the interest spending and taxation channels through which EMU could affect the public finances. It provides a framework for examining different views on a further narrowing of interest rate differentials. A model of Blanchard and Fischer is amended to analyze the two channels, and empirical evidence on the tax harmonization process is presented. The paper argues that “high-debt” and “high-tax” countries pursuing prudent fiscal policies could benefit the most from EMU: if monetary and widespread fiscal discipline are jointly established, interest rates could decline rapidly, while tax harmonization is likely to be gradual.

Fiscal Policy in the European Union

Download Fiscal Policy in the European Union PDF Online Free

Author :
Publisher : Palgrave MacMillan
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policy in the European Union by : Jesus Ferreiro

Download or read book Fiscal Policy in the European Union written by Jesus Ferreiro and published by Palgrave MacMillan. This book was released on 2008-11-27 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers a comprehensive analysis of current national fiscal policies in the European Union and European Monetary Union, and provides insights into the consequences of these fiscal policies on economic activity. With contributions from a range of experts, the book focuses on the coordination problems between the single monetary policy and national fiscal policies, and the negative impact on the capacity of fiscal policy to correct short-term economic fluctuations and to accelerate economic growth in the long-term in European economies. This book is an essential read for all interested in the role of fiscal policy in the European Union."--BOOK JACKET.

One Market, One Money

Download One Market, One Money PDF Online Free

Author :
Publisher :
ISBN 13 : 9780198773245
Total Pages : 356 pages
Book Rating : 4.7/5 (732 download)

DOWNLOAD NOW!


Book Synopsis One Market, One Money by : Michael Emerson

Download or read book One Market, One Money written by Michael Emerson and published by . This book was released on 1992 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.

European Variations as a Key to Cooperation

Download European Variations as a Key to Cooperation PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030328937
Total Pages : 192 pages
Book Rating : 4.0/5 (33 download)

DOWNLOAD NOW!


Book Synopsis European Variations as a Key to Cooperation by : Ernst Hirsch Ballin

Download or read book European Variations as a Key to Cooperation written by Ernst Hirsch Ballin and published by Springer Nature. This book was released on 2020-01-02 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Open Access book offers a novel view on the benefits of a lasting variation between the member states in the EU. In order to bring together thirty very different European states and their citizens, the EU will have to offer more scope for variation. Unlike the existing differentiation by means of opt-outs and deviations, variation is not a concession intended to resolve impasses in negotiations; it is, rather, a different structuring principle. It takes differences in needs and in democratically supported convictions seriously. A common core remains necessary, specifically concerning the basic principles of democracy, rule of law, fundamental rights and freedoms, and the common market. By taking this approach, the authors remove the pressure to embrace uniformity from the debate about the EU’s future. The book discusses forms of variation that fall both within and outside the current framework of European Union Treaties. The scope for these variations is mapped out in three domains: the internal market; the euro; and asylum, migration and border control.

The Transition to EMU in the Maastricht Treaty

Download The Transition to EMU in the Maastricht Treaty PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!


Book Synopsis The Transition to EMU in the Maastricht Treaty by : Lorenzo Bini Smaghi

Download or read book The Transition to EMU in the Maastricht Treaty written by Lorenzo Bini Smaghi and published by . This book was released on 1994 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Convergence in the Euro Area: Coming Together or Drifting Apart?

Download Economic Convergence in the Euro Area: Coming Together or Drifting Apart? PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484338499
Total Pages : 47 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Economic Convergence in the Euro Area: Coming Together or Drifting Apart? by : Mr.Jeffrey R. Franks

Download or read book Economic Convergence in the Euro Area: Coming Together or Drifting Apart? written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 2018-01-23 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.

The Transformation of the European Financial System

Download The Transformation of the European Financial System PDF Online Free

Author :
Publisher :
ISBN 13 : 9789291813483
Total Pages : 334 pages
Book Rating : 4.8/5 (134 download)

DOWNLOAD NOW!


Book Synopsis The Transformation of the European Financial System by : Vitor Gaspar

Download or read book The Transformation of the European Financial System written by Vitor Gaspar and published by . This book was released on 2003-01-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of the History of Money and Currency

Download Handbook of the History of Money and Currency PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9789811305955
Total Pages : 0 pages
Book Rating : 4.3/5 (59 download)

DOWNLOAD NOW!


Book Synopsis Handbook of the History of Money and Currency by : Stefano Battilossi

Download or read book Handbook of the History of Money and Currency written by Stefano Battilossi and published by Springer. This book was released on 2020-03-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides a comprehensive overview of state-of-the-art research in the field of monetary and financial history. The authors comprise different generations of leading scholars from universities worldwide. Thanks to its unrivaled breadth both in time (from antiquity to the present) and geographical coverage (from Europe to the Americas and Asia), the volume is set to become a key reference for historians, economists, and social scientists with an interest in the subject. The handbook reflects the existing variety of scholarly approaches in the field, from theoretically driven macroeconomic history to the political economy of monetary institutions and the historical evolution of monetary policies. Its thematic sections cover a wide range of topics, including the historical origins of money; money, coinage, and the state; trade, money markets, and international currencies; money and metals; monetary experiments; Asian monetary systems; exchange rate regimes; monetary integration; central banking and monetary policy; and aggregate price shocks.

Europe and the Euro

Download Europe and the Euro PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226012834
Total Pages : 476 pages
Book Rating : 4.0/5 (128 download)

DOWNLOAD NOW!


Book Synopsis Europe and the Euro by : Alberto Alesina

Download or read book Europe and the Euro written by Alberto Alesina and published by University of Chicago Press. This book was released on 2010-04-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.

Monetary and Fiscal Policies in EMU

Download Monetary and Fiscal Policies in EMU PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521832151
Total Pages : 376 pages
Book Rating : 4.8/5 (321 download)

DOWNLOAD NOW!


Book Synopsis Monetary and Fiscal Policies in EMU by : Marco Buti

Download or read book Monetary and Fiscal Policies in EMU written by Marco Buti and published by Cambridge University Press. This book was released on 2003-11-13 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars and policy makers examine the challenges that are facing economic policies in the EMU today.

Economic Crisis in Europe

Download Economic Crisis in Europe PDF Online Free

Author :
Publisher :
ISBN 13 : 9789279153631
Total Pages : 0 pages
Book Rating : 4.1/5 (536 download)

DOWNLOAD NOW!


Book Synopsis Economic Crisis in Europe by : Paul van den Noord

Download or read book Economic Crisis in Europe written by Paul van den Noord and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European economy is emerging from its deepest recession since the 1930s. This volume, which brings together economic analysis from the European Commission services, explains how swift policy response avoided a financial meltdown. Europe also needs an improved co-ordinated crisis-management framework to help it respond to any similar situations that may arise in the future. Economic Crisis in Europe is a much-anticipated volume which shows that the beginnings of such a crisis-management framework are emerging, building on existing institutions and legislation and complemented by new initiatives.

European Monetary Integration

Download European Monetary Integration PDF Online Free

Author :
Publisher : South Western Educational Publishing
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis European Monetary Integration by : George K. Zestos

Download or read book European Monetary Integration written by George K. Zestos and published by South Western Educational Publishing. This book was released on 2006 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This shorter text provides a complete overview of European economic and monetary integrationand investigates the euro's impact on Europe and the rest of the global economy. It takes anintuitive approach to explaining the complicated issues regarding the formation of the EMUand the introduction of the euro.

The European Central Bank

Download The European Central Bank PDF Online Free

Author :
Publisher :
ISBN 13 : 9789289900270
Total Pages : 229 pages
Book Rating : 4.9/5 (2 download)

DOWNLOAD NOW!


Book Synopsis The European Central Bank by : Hanspeter K. Scheller

Download or read book The European Central Bank written by Hanspeter K. Scheller and published by . This book was released on 2006 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.