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Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

  • Joseph Plasmans
  • Jacob Engwerda
  • Bas van Aarle
  • Giovanni di Bartolomeo
  • Tomasz Michalak

Part of the Dynamic Modeling and Econometrics in Economics and Finance book series (DMEF, volume 8)

Table of contents

  1. Front Matter
    Pages I-XVI
  2. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 1-39
  3. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 41-83
  4. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 85-110
  5. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 111-143
  6. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 145-196
  7. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 197-228
  8. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 229-271
  9. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 273-302
  10. Joseph Plasmans, Jacob Engwerda, Bas van Aarle, Giovanni di Bartolomeo, Tomasz Michalak
    Pages 303-307
  11. Back Matter
    Pages 309-319

About this book

Introduction

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.

Keywords

Cooperation Dynamic Fiscal Modeling Monetary Plasmans Policy areas coalition control coordination currency endogenous formation game international macroeconomic optimal parapluprod theory

Authors and affiliations

  • Joseph Plasmans
    • 1
  • Jacob Engwerda
    • 2
  • Bas van Aarle
    • 3
  • Giovanni di Bartolomeo
    • 4
  • Tomasz Michalak
    • 5
  1. 1.University of Antwerp, Belgium and Tilburg UniversityThe Netherlands
  2. 2.Tilburg UniversityThe Netherlands
  3. 3.University of MaastrichtThe Netherlands
  4. 4.University of Rome “La Sapienza”RomeItaly
  5. 5.University of AntwerpBelgium

Bibliographic information