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Fiscal stabilisation and EMU

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dc.creator Woods, Robert
dc.date 2004
dc.date.accessioned 2013-10-16T07:00:56Z
dc.date.available 2013-10-16T07:00:56Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18702
dc.identifier ppn:477414346
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18702
dc.description This paper builds on the discussion paper published by HM Treasury in 2003 alongside the UK Government?s assessment of the case for EMU entry. The paper considers the potential for fiscal policy to play a greater role in stabilisation policy if the UK were inside EMU. The paper considers: the scope for strengthening the automatic stabilisers and the possible tradeoffs; how institutional changes could increase the effectiveness of discretionary fiscal policy; which fiscal instruments might be the most effective; and to what extent stabilisation might be promoted in other ways, such as through enhanced risk sharing by financial markets.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1338
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E63
dc.subject E62
dc.subject ddc:330
dc.subject Finanzpolitik
dc.subject Konjunkturpolitik
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Eingebauter Stabilisator
dc.subject Diskretionäre Politik
dc.subject Grossbritannien
dc.title Fiscal stabilisation and EMU
dc.type doc-type:workingPaper


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