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Volumn 27, Issue 4 SPEC. ISS., 2005, Pages 427-439

Europe, the euro and the ECB: Monetary success, fiscal failure

Author keywords

ECB; Financial market integration; Single monetary policy; Stability and Growth Pact (SGP)

Indexed keywords


EID: 21744446596     PISSN: 01618938     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpolmod.2005.04.008     Document Type: Article
Times cited : (21)

References (16)
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  • 2
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    • (2004)
    • Briotti, M.G.1
  • 3
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    • Eichengreen, B.1    Hausmann, R.2    von Hagen, J.3
  • 5
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    • The implications of mean-variance optimization for four questions in international macroeconomics
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  • 6
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    • Interest rate reaction functions and the Taylor rule in the euro area
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  • 7
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    • Empirical analysis of European government yield spreads
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    • (2001)
    • Geyer, A.1    Kossmeier, S.2    Pichler, S.3
  • 9
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    • The use and effectiveness of budgetary rules and norms in EU Member States
    • 11 June Report to the Dutch Ministry of Finance
    • Hallerberg, M., Strauch, R., & von Hagen, J. (11 June 2001). The use and effectiveness of budgetary rules and norms in EU Member States, Report to the Dutch Ministry of Finance, http://www.minfin.nl.
    • (2001)
    • Hallerberg, M.1    Strauch, R.2    von Hagen, J.3
  • 11
    • 0037683791 scopus 로고    scopus 로고
    • Fiscal policy rules
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  • 12
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    • CSEF working paper no. 126, Center for Studies in Economics and Finance, University of Salerno
    • Pagano, M., & von Thadden E.-L. (2004). The European bond markets under EMU, CSEF working paper no. 126, Center for Studies in Economics and Finance, University of Salerno.
    • (2004) The European Bond Markets Under EMU
    • Pagano, M.1    von Thadden, E.-L.2
  • 13
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    • ECB monetary policy: How well does the Taylor rule describe it?
    • University of Munich and CES-Ifo, unpublished manuscript
    • Sauer, S., & Sturm J.-E. (2003). ECB monetary policy: How well does the Taylor rule describe it? University of Munich and CES-Ifo, unpublished manuscript.
    • (2003)
    • Sauer, S.1    Sturm, J.-E.2
  • 14
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    • One money, but many fiscal policies in Europe: What are the consequences?
    • Humbolt University, unpublished manuscript
    • Uhlig, H. (2002). One money, but many fiscal policies in Europe: What are the consequences? Humbolt University, unpublished manuscript.
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    • A comparison between the Fed and the ECB: Taylor rules
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