@techreport{Belke2008fiscal,
abstract = {It is widely assumed that a common currency makes it desirable to have also a common fiscal policy. However, if fiscal policy is a source of shocks, independent national fiscal policies are generally preferable because they allow for risk diversification.},
address = {Essen},
author = {Ansgar Belke and Daniel Gros},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-86788-066-4},
keywords = {E63; F42; 330; Currency union; fiscal policy coordination; stabilisation; Finanzpolitik; Internationale wirtschaftspolitische Koordination; W\"{a}hrungsunion; Europ\"{a}ische Wirtschafts- und W\"{a}hrungsunion; Konjunkturpolitik; Theorie},
language = {eng},
number = {62},
publisher = {RWI},
title = {Is fiscal policy coordination needed in a common currency area?},
type = {Ruhr economic papers},
url = {http://hdl.handle.net/10419/26827},
year = {2008}
}
