G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1566
DP1566 Dual Labour Markets, Urban Unemployment and Multicentric Cities
Yves Zenou; Tony Smith
发表日期1997-01-31
出版年1997
语种英语
摘要This paper analyses four popular themes in the debate about the transition to monetary union: (a) fiscal discipline creating gains in credibility; (b) there being perceptible risk of a bail out for the highly indebted countries; (c) budgets being successfully cut to the required 3% limit in conditions of low growth and low inflation; and (d) the convergence criteria actually being mutually consistent. The usual accounting identities show the first two effects are likely to be small or non-existent, whereas the second two are unlikely to be satisfied.
主题International Macroeconomics
关键词Convergence criteria Credibility Debt and deficit ratios
URLhttps://cepr.org/publications/dp1566
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530707
推荐引用方式
GB/T 7714
Yves Zenou,Tony Smith. DP1566 Dual Labour Markets, Urban Unemployment and Multicentric Cities. 1997.
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