Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/21443
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Gatti, Donatella | en |
dc.date.accessioned | 2009-01-28T16:22:27Z | - |
dc.date.available | 2009-01-28T16:22:27Z | - |
dc.date.issued | 2002 | - |
dc.identifier.uri | http://hdl.handle.net/10419/21443 | - |
dc.description.abstract | This paper theoretically investigates the impact of European integration on employment by developing a new-keynesian model where fiscal policy effectively reduces firms? market power. Stronger product market competition is shown to reduce the marginal ability of governments to improve employment through public consumption. As competition crowds out fiscal spending, the positive impact of markets integration on employment is weakened. Moreover, in a context where national goods? demand becomes ?global?, the marginal benefit for each national fiscal authority of increasing public consumption is lower than the marginalbenefit for the community. This result stresses one source of coordination failure within the EMU. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x497 | en |
dc.subject.jel | J41 | en |
dc.subject.jel | F42 | en |
dc.subject.jel | F02 | en |
dc.subject.jel | E24 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | product market integration | en |
dc.subject.keyword | fiscal policy | en |
dc.subject.keyword | coordination | en |
dc.subject.keyword | equilibrium unemployment | en |
dc.subject.stw | Finanzpolitik | en |
dc.subject.stw | Internationale wirtschaftspolitische Koordination | en |
dc.subject.stw | Europäische Wirtschafts- und Währungsunion | en |
dc.subject.stw | Beschäftigungseffekt | en |
dc.subject.stw | Effizienzlohn | en |
dc.subject.stw | Unvollkommener Wettbewerb | en |
dc.subject.stw | Ungleichgewichtstheorie | en |
dc.subject.stw | Theorie | en |
dc.title | European Integration and Employment: A New Role for Active Fiscal Policies? | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 845568078 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.