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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4635 |
DP4635 Trade Liberalization with Heterogenous Firms | |
Richard Baldwin; Rikard Forslid | |
发表日期 | 2004-09-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | The Paper builds a simplified model describing the economy of a currency union with decentralized national fiscal policy, where the main features characterizing the policy-making are similar to those in EMU. National governments choose the size of deficit taking into account the two main rules of the Stability and Growth Pact on public finance. Unlike previous literature the asymmetric working of those rules is explicitly modeled in order to identify its impact on the Nash equilibrium of deficits arising from a game of strategic interaction between fiscal authorities in the union. |
主题 | International Macroeconomics |
关键词 | Stability and growth pact Emu Asymmetric fiscal rules Decentralized fiscal policy |
URL | https://cepr.org/publications/dp4635 |
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/533555 |
推荐引用方式 GB/T 7714 | Richard Baldwin,Rikard Forslid. DP4635 Trade Liberalization with Heterogenous Firms. 2004. |
条目包含的文件 | 条目无相关文件。 |
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