Federalism, Fiscal Restraints, and European Monetary Union

American Economic Review

Volumn 86, Issue 2, 1996, Pages 134-138

  Von Hagen, Jürgen ^a,b   Eichengreen, Barry ^c,d  

^a UNIVERSITY OF MANNHEIM   (Germany)

^b INDIANA UNIVERSITY   (United States)

^c UNIVERSITY OF CALIFORNIA   (United States)

^d NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040521832     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (7)

1. Boughton, James M. "The Economics of the CFA Franc Zone," in Paul R. Masson and Mark P. Taylor, eds., Policy issues in the operation of currency unions. Cambridge: Cambridge University Press, 1993, pp. 95-129.
2. Eichengreen, Barry. "Fiscal Policy and EMU," in Barry Eichengreen and Jeffry Frieden, eds., The political economy of European monetary unification. Boulder, CO: Westview, 1994, pp. 167-90.
3. Eichengreen, Barry and von Hagen, Jürgen. "Fiscal Restrictions and Monetary Union: Rationales, Repercussions, Reforms." Empirica, 1995a (forthcoming).
4. _. "Fiscal Policy and Monetary Union: Federalism, Fiscal Restrictions and the No-Bailout Rule." Centre for Economic Policy Research (London) Discussion Paper No. 1247, September 1995b.
5. Nascimento, Jean-Claude. "Monetary Policy in Unified Currency Areas: The Cases of the CAMA and the ECCA During 1976-1990." IMF Working Paper 94/11, International Monetary Fund, Washington, DC, 1994.
6. Sala-i-Martin, Xavier and Sachs, Jeffrey D. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe from the United States," in Matthew B. Canzoneri, Vittorio Grilli, and Paul R. Masson, eds., Establishing a central bank: Issues in Europe and lessons from the United States. Cambridge: Cambridge University Press, 1992, pp. 195-220.
7. von Hagen, Jürgen. "Fiscal Arrangements in a Monetary Union: Evidence from the U.S.," in Donald E. Fair and Christian de Boissieu, eds., Fiscal policy, taxation and the financial system in an increasingly integrated Europe. Dordrecht: Kluwer, 1992, pp. 337-60.