Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18702 
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dc.contributor.authorWoods, Roberten
dc.date.accessioned2009-01-28T15:52:17Z-
dc.date.available2009-01-28T15:52:17Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/18702-
dc.description.abstractThis paper builds on the discussion paper published by HM Treasury in 2003 alongside theUK Government's assessment of the case for EMU entry. The paper considers the potentialfor fiscal policy to play a greater role in stabilisation policy if the UK were inside EMU. Thepaper 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 bepromoted in other ways, such as through enhanced risk sharing by financial markets.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1338en
dc.subject.jelE63en
dc.subject.jelE62en
dc.subject.ddc330en
dc.subject.stwFinanzpolitiken
dc.subject.stwKonjunkturpolitiken
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen
dc.subject.stwEingebauter Stabilisatoren
dc.subject.stwDiskretionäre Politiken
dc.subject.stwGrossbritannienen
dc.titleFiscal stabilisation and EMU-
dc.typeWorking Paperen
dc.identifier.ppn477414346en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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