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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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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Palgrave Macmillan UK
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7335931/ https://www.ncbi.nlm.nih.gov/pubmed/32836738 http://dx.doi.org/10.1057/s41294-020-00122-3 |