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dc.contributor.authorWoods, Roberten_US
dc.date.accessioned2009-01-28T15:52:17Z-
dc.date.available2009-01-28T15:52:17Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/18702-
dc.description.abstractThis paper builds on the discussion paper published by HM Treasury in 2003 alongside the UK Government?s assessment of the case for EMU entry. The paper considers the potential for fiscal policy to play a greater role in stabilisation policy if the UK were inside EMU. The paper considers: the scope for strengthening the automatic stabilisers and the possible tradeoffs; how institutional changes could increase the effectiveness of discretionary fiscal policy; which fiscal instruments might be the most effective; and to what extent stabilisation might be promoted in other ways, such as through enhanced risk sharing by financial markets.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1338en_US
dc.subject.jelE63en_US
dc.subject.jelE62en_US
dc.subject.ddc330en_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwKonjunkturpolitiken_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwEingebauter Stabilisatoren_US
dc.subject.stwDiskretionäre Politiken_US
dc.subject.stwGrossbritannienen_US
dc.titleFiscal stabilisation and EMUen_US
dc.typeWorking Paperen_US
dc.identifier.ppn477414346en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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