Does Monetary Cooperation or Confrontation Lead to Successful Fiscal Consolidation?
Active accommodation of fiscal consolidations by monetary policy is controversial, as can be seen in current euro area discussions. While many observers acknowledge that there is usually a place for monetary accommodation in response to fiscal consolidation, a sequencing argument is often heard toda...
Posen, Adam Simon
|Place of publication:||
Peterson Institute for International Economics
|Data of publication:||2012/04|
|Online Access:||available in Bonn?|
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