货币联盟中货币政策与财政政策的互动

MONETARY AND FISCAL POLICIES INTERACTION IN MONETARY UNIONS

Journal of Economic Surveys · 2017
被引 36
人大 AABS 2

中文导读

综述了货币联盟中货币政策与财政政策互动的文献,强调不确定性、政策制定者偏好和目标的重要性,并讨论了政策规则、协调以及公共债务管理的政策与制度含义。

Abstract

Abstract In this paper, the literature on the interaction between monetary and fiscal policies in a monetary union is surveyed. By adopting the concept of symbiosis as a starting point, the paper highlights the importance of uncertainty, policy makers' preferences and targets. Then, the role of commitment to policy rules and coordination is addressed. The analysis also focuses on the importance of the data considered for the generation of the policy mix. As a final step, the paper discusses the main results in the literature on public debt management in a monetary union. All the reported theoretical results are then adopted to retrieve policy and institutional implications for the European Monetary Union.

货币政策财政政策政策协调货币联盟