On the Desirability of Fiscal Constraints in a Monetary Union
收藏NBER2004-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10232
下载链接
链接失效反馈官方服务：
资源简介：
The desirability of fiscal constraints in monetary unions depends critically on whether the monetary authority can commit to follow its policies. If it can commit, then debt constraints can only impose costs. If it cannot commit, then fiscal policy has a free-rider problem, and debt constraints may
提供机构：
美国国家经济研究局
创建时间：
2004-01-01
