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The Return of Fiscal Policy and the Euro Area Fiscal Rule

The text describes the theoretical developments of the assignment rules regarding fiscal and monetary policies and the respective roles in macroeconomics stabilisation. Monetary policy emerged as the dominant policy, reducing the active macro-role of fiscal policy to taking care of debt sustainabili...

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Dettagli Bibliografici
Pubblicato in:Comp Econ Stud
Autore principale: Constâncio, Vítor
Natura: Artigo
Lingua:Inglês
Pubblicazione: Palgrave Macmillan UK 2020
Soggetti:
Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC7335931/
https://ncbi.nlm.nih.gov/pubmed/32836738
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1057/s41294-020-00122-3
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